The document outlines the procedures for issuing bonds by Nepal Rastra Bank. Some key points:
1) Bonds will be issued through an auction process where the interest rate is determined by auction and bidders can bid at multiple rates.
2) For 6-month bonds, full interest and principal will be paid on the maturity date. For 1-year bonds, interest will be paid every 6 months and the remaining interest and principal on the maturity date.
3) Only Class A, B and C banks and financial institutions can participate in the bond auctions.
The document outlines the procedures for issuing bonds by Nepal Rastra Bank. Some key points:
1) Bonds will be issued through an auction process where the interest rate is determined by auction and bidders can bid at multiple rates.
2) For 6-month bonds, full interest and principal will be paid on the maturity date. For 1-year bonds, interest will be paid every 6 months and the remaining interest and principal on the maturity date.
3) Only Class A, B and C banks and financial institutions can participate in the bond auctions.
The document outlines the procedures for issuing bonds by Nepal Rastra Bank. Some key points:
1) Bonds will be issued through an auction process where the interest rate is determined by auction and bidders can bid at multiple rates.
2) For 6-month bonds, full interest and principal will be paid on the maturity date. For 1-year bonds, interest will be paid every 6 months and the remaining interest and principal on the maturity date.
3) Only Class A, B and C banks and financial institutions can participate in the bond auctions.