Nepal Rastra Bank to Issue NPR 20 Billion in One-Year Bonds

Nepal's central bank, Nepal Rastra Bank, announced the issuance of 20 billion Nepalese Rupees (NPR) worth of one-year bonds, named "NRB Bond 2084 'Cha'". The bonds, with interest rates determined by a bidding process and paid semi-annually, are open to licensed Class 'A', 'B', and 'C' banks and financial institutions.