KATHMANDU, June 16: Nepal Rastra Bank (NRB) has opened the subscription of the Foreign Employment Bond with an offer of 10 percent interest rate. Through the ‘Foreign Employment Bond 2080’ with the maturity period of five years, the central bank plans to collect Rs 250 million from the Nepalese workers who have been working abroad, nor resident Nepali or those who returned from the foreign employment. This is the third and last edition of the foreign employment bond that the central bank plans to issue in the current fiscal year -- FY2017/18 on behalf of the government.
KATHMANDU, Dec 13: Nepal Rastra Bank (NRN) is issuing foreign employment saving bonds of Rs 500 million, targeting Nepalis working and residing abroad or those who have recently returned from foreign employment.
KATHMANDU, Dec 22: Expressing concern over political instability and anarchy prevailing in the country, former king Gyanendra Shah has said that some forces are active in weakening the bonds between the mountain, hill and tarai regions of the country.