NRB to auction Rs. 1500 crores Repo today

The Public Debt Management Department of Nepal Rastra Bank (NRB) has published a Repo Auction Notice. As per the notice, the central bank is going to auction the repo worth Rs 1,500 crores. The auction for the Repo will take place today (Ashwin 16, 2076) at 3 PM. The maturity period of the repo is 7 days. The repo will mature on  Ashwin 23, 2076.

For the submission of the bid, the bidders are required to visit the link https://obss.nrb.org.np/pd

A, B and C class banking and financial institutions are eligible to participate in the auction. The minimum rate for the auction of the repo is 4.5 percent.

The repo will be issued today (Ashwin 23, 2076).

 

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