KATHMANDU, Nov 21: In the first quarter of the current fiscal year, the government has mobilized about Rs 100 billion internal debt, but in the second quarter, the government will mobilize only Rs 31 billion under internal debt.

According to the domestic debt schedule published by the Monetary Management Department of Nepal Rastra Bank (NRB), Rs 10 billion internal debt will be mobilized through treasury bills and Rs 21 billion through development bonds in the second quarter.

For the current fiscal year, the government has set a goal of mobilizing domestic debt of Rs 240 billion. According to the Central Bank, Rs 97.31 billion domestic loans were cleared in the first quarter. According to the Open Market Operations Committee's modified schedule, internal debts of Rs 47.69 billion in the third quarter and Rs 64 billion in the last quarter will be negotiated.

Rs 21 billion internal debt will be mobilized through development bonds in the second quarter. Development bondS worth Rs 7 billion for a period of six years are going to be announced on December 5. Development bonds worth Rs 7 billion with five years maturation period on December 21 and Rs 7 billion with eight years period on January 7, 2024 will be negotiated.

Additionally, out of the Rs 10 billion Treasury bills, 91-day treasury bills worth Rs 3 billion were negotiated on November 20. On December 11, 182-day Treasury bills worth Rs 4 billion, and on January 8, 2024, another 182-day Treasury bills worth Rs 3 billion will be negotiated.

 
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