NRB to auction Development Bond 2088 worth Rs 11 arba on Baisakh16

Nepal Rastra Bank (NRB) will be auctioning 11 arba development bonds 2088 with a maturity period of 15 years on Baisakh 16, 2073. The sealed bids can be submitted at the NRB’s Public Debt Management Department, Thapathali, Kathmandu or at the bank’s branches outside the Valley. Classes A, B and C BFIs, non-banking financial institutions, insurance companies and general public can apply for the bond. The auction form for the development bond is available at the bank’s website http://www.nrb.org.np.