NRB to auction Repo worth Rs.2,000 crore; Security matures on Ashwin 09, 2076

Nepal Rastra Bank (NRB) is issuing Repurchase Agreement (Repo) worth Rs.2,000 crore. The agreement will mature within a period of 7 days. NRB will be issuing the agreement via auction on Ashwin 02,2076 at 3:00 PM. The security matures Ashwin 9,2076. The minimum bid rate should be above 4.5% and any bids at or below 4.5% rate will be rejected.

'A','B'and'C' class BFIs are eligible to take part in the auction of the security. NRB has been issuing Repo Agreements to supply short term liquidity in BFI's to enable them to take active part in investing activities. Master repurchase agreement is compulsory. Successful bidders will get the allotment at their respective bid rates.

Notice: