Nepal Rastra Bank to auction T-bill worth Rs 1190.5 crore tomorrow; Bills with maturity period of 28 days, 91 days and 182 days to be auctioned

Fri, Mar 1, 2019 4:08 PM on Auction, Economy, Latest,

Nepal Rastra Bank is auctioning Treasury Bill worth Rs 1,190.50 crore on Falgun 19, 2075 at 3 PM. The bills will be issued on Falgun 21, 2075.

The Rastra Bank is issuing treasury bills with maturity period of 28 days, 91 days and 128 days. The maturity of the 28 days T-bill is on Chaitra 19, 2075, maturity of 91 days T-bill is on Jestha 21, 2076 and the maturity of the 182 days T-bill is on Bhadra 17, 2076.

T bill with 28 days maturity period amounts to Rs 325 crore while the T-bill with 91 days and 182 days maturity period amounts to Rs 313 crore and Rs. 552.5 crore respectively.

Out of the total offered amount, 15% is reserved for non-competitive bidders. Interested bidders can place their bids through Online Bidding System (OBS) only.

The submission link is https://obss.nrb.org.np/pd/