NRB selling Rs 23.13 billion treasury

Kathmandu, May 29

The Nepal Rastra Bank will offer Rs 23.13 billion in treasury notes. On Monday, the bank will sell bonds through a competitive bidding procedure to raise the required short-term loan to the government.

For a period of 28 days, the bank would offer treasury bills worth Rs 2 billion. The treasury bill is due to maturity on June 28. For a period of 91 days, the bank would sell Treasury notes totaling Rs 3.13 billion. On August 30, the treasury bill will be due. Similarly, the bank would offer Rs 6 billion in treasury notes for a period of 182 days. On November 29, the treasury bill will be due.

Similarly, the bank would sell Rs 12 billion in treasury notes over a 364-day period. On May 30, 2023, the treasury bill will be due.

The Treasury bill will be auctioned on Monday at 3 p.m. and sold on Tuesday, according to NRB.

Short-term government bonds, such as Treasury bills, are used to raise internal debt for a
duration of one year or less. Treasury notes come in four different lengths: 28 days, 91 days, 182 days, and 364 days.