Nepal Rastra Bank to Collect Rs. 18 Billion Through One-Month Deposit Auction

Nepal Rastra Bank (NRB) is set to collect Rs. 18 billion through a 28-day deposit collection instrument on October 2, 2026 (Ashwin 16, 2083).

The auction will be conducted through the Online Bidding System Software (OBSS) until 2:00 PM on the same day. The interest rate will be determined through the bidding process, with the principal and interest scheduled for repayment on October 30, 2026 (Kartik 13, 2083).

Eligible Class “A,” “B,” and “C” banks and financial institutions licensed by NRB can participate in the auction. Bids must be submitted at a minimum of Rs. 100 million, with additional amounts required to be in multiples of Rs. 100 million, up to the total issue amount.

NRB will allocate the deposit starting with the lowest offered interest rate until the Rs. 18 billion target is reached. If bids at the same interest rate exceed the available amount, allocation will be made on a pro-rata basis.

The deposit collected through the instrument cannot be counted toward the Cash Reserve Ratio (CRR) but may be counted toward the Statutory Liquidity Ratio (SLR) as per NRB provisions.