The government is issuing 10 billion 9-year 'Development Bond 2091'
Kathmandu. The government is going to issue development bonds worth 10 billion rupees. The Public Debt Management Office under the Ministry of Finance is going to sell 9-year bonds named 'Development Bond 2091'.
The office issued a notice on Tuesday and said that negotiations will be open for the purchase of the bonds on Wednesday, January 14th. According to the information, the issue date of this bond has been fixed on Thursday 15th January 2082 and the principal payment will be on 15th January 2091. The interest rate on the bond will be determined through negotiation. The office has clarified that the interest payment of the bond will be done semi-annually and income tax will be charged on it as per the rules.
Banks and financial institutions, other individuals, firms, organizations or companies can apply for the purchase of this bond. Of the total issued amount, 85 percent i.e. Rs 850 crore has been earmarked for competitive bidders and the remaining 15 percent i.e Rs 150 crore for non-competitive bidders.
Express
Related News
The NEPSE index fell by a few points
Kathmandu. The NEPSE index, which measures stock trading in the stock market, has fallen by a few points today. According to the Nepal Stock Exchange, the NEPSE index fell by two points and reached 2,649.51.
The snsitive index, which measure...
Diktel Rupakot allocated a budget of Rs 45 lakh to drive away the monkeys
Kathmandu. Diktel Rupakot Majhuwagadhi Municipality has allocated a budget for monkey extermination. In order to provide relief to the farmers suffering from the terror of monkeys, the municipality has allocated a budget from the 15th Municipal As...
In the implementation of revised procedures related to concessional loan interest subsidy
Kathmandu. The government has implemented a new procedure with the aim of making the interest subsidy system provided in subsidized loans more transparent, systematic and effective.
The Ministry of Finance has approved and formally implement...
Completed the financial management of Jaldigarh hydropower project, collected 4 billion 60 crores
Kathmandu. The financial management of the 22.50 MW Jaldigarh hydropower project to be built in Athabiscot Municipality of Rukum West has been completed. Investment worth 4.6 billion rupees has been collected for the project promoted by Shangrila...
1 lakh 33 thousand 608 shares of founder shares of Nabil Bank for sale
Kathmandu. A founder shareholder of Nabil Bank Limited is going to sell 133,608 shares of founder shares owned by him.
The said shareholder had applied to the bank saying that he wanted to sell the shares in his name in lump sum. After the a...
Double-digit growth in NEPSE, turnover limited to 3 billion 29 million
Kathmandu. On the second trading day of the week, the NEPSE index increased by 16.37 points to 2619.99. During the day, 78 lakh 4 thousand 45 shares of 325 companies were bought and sold, and 3 billion 294 million shar...



