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
NEPSE index decreased by 25.81 points, how much is the transaction amount?
Kathmandu. On Wednesday, the stock market gauge NEPSE index fell. Today, NEPSE index decreased by 25.81 points and reached 2744.45 points. A total of 1 crore 21 lakh 34 thousand 360 shares of 351 companies were bought and sold in NEPSE, and over R...
Economic growth is expected to be limited to 3.855 in the current year
Kathmandu. In the current fiscal year 2082/83, the economic growth rate of Nepal is projected to be 3.85 percent. According to the national accounting data released by the National Statistics Office on Tuesday, the size of the economy is expected...
The price of petroleum products increased
Kathmandu. Nepal Oil Corporation has increased the price of petroleum products with effect from today. According to the new prices of petrol, diesel and kerosene adjusted by the corporation, petrol and diesel and keros...
Instruction of the Ministry of Education to refund the fees charged against the law to the students
Kathmandu. The Ministry of Education, Science and Technology has directed to refund the fees charged illegally by the institutional schools across the country to the students. The ministry has issued a statement on Wednesday asking for strict acti...
The price of the US dollar has crossed Rs. 152, and the euro and pound have also become more expensive
Kathmandu. Nepal Rastra Bank has determined the official foreign exchange rates for Wednesday. According to the new rates set by the central bank, the buying rate for one US dollar today has been fixed at Rs. 152.16 and the selling rate at Rs. 152...
Foreign currency exchange rate set for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 153 rupees 81 paisa and the selling rate is 154 rupees 41 paisa. The bu...



