NRB to issue development bond worth Rs 13.10 billion

KATHMANDU, Oct 1: The Nepal Rastra Bank (NRB) is set to issue a development bond worth Rs 13.10 billion today. The central bank is going to issue the eight-year 'Development Bond 2088-C' through a bid.

The bond can be purchased by banks and financial institutions, non-bank and financial institutions, insurance companies, incorporated organisations and ordinary citizens. One can participate in bidding until 3 p.m. today.