KATHMANDU, June 4: Nepal Rastra Bank (NRB) is set to raise Rs 40 billion from the market for liquidity management. The central bank will collect this amount through a 21-day deposit auction.
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For this purpose, NRB has invited proposals from banks and financial institutions. The bidding will be conducted online on Wednesday at 3 pm.
The principal and interest will be paid on June 25. NRB currently has Rs 225 billion worth of deposits collected through various deposit instruments that are yet to mature.
