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
Today, NEPSE decreased by a normal number, the turnover fell to 7 billion 49 crores
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 1.64 points to 2681.50. During the day, 1 crore 66 lakh 82 thousand 626 shares of 326 companies were bought and sold, and 7 billion 49 crore 97 lakh shares were traded....
Irregular Tinker Naka for four years, business affected
Kathmandu. The Tinkar Pass of Darchula, located on the Nepal-China-Tibet border, was once the main base of trade, movement and cultural relations of the local community. For generations, local people have been doing regular business of salt, wool,...
The price of the US dollar at the highest point so far! Now how much Nepali rupee is one dollar?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the value of the US dollar has reached its highest point so far. Similarly, the prices of for...
LIC Nepal's 4th unity Convention concluded
Rabindra Lamichane (Nabin)
Mediabaaji.com Kathmandu, November 21. LIC Nepal's 4th unity Convention is concluded Ending the long-standing dispute and tug-of-war...
Trade in sweets, raisins and twinkling lights increased during Tihar
Dharan. With the beginning of Tihar, the streets of Dharan are not only bright with lights, but also with the efforts of traders. The hustle and bustle of the market, which starts in the morning, continues till the evening. Bikki Das of Dharan Sub...
Do not take immediate budget for the operation of Hetauda textile industry: Minister Gauri Kumari
Look around. Industry, Commerce and Supply Minister Gauri Kumari Yadav has said that the Hetauda textile industry, which has been closed for a long time, will be operated immediately without additional budget from the Ministry of Finance. Minister...



