KATHMANDU, June 11: 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 bidding process by inviting deposits.
Proposals have been requested from banks and financial institutions, and the online bidding will take place on Wednesday at 3 pm.
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The principal and interest will be paid on July 2. Previously, NRB had raised Rs 205 billion through deposit collection instruments, which are yet to mature.
