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 price of gold and silver increased, how much did it reach per tola?
Kathmandu. The price of gold and silver has increased in Nepali market. According to the Federation of Nepal Gold and Silver Traders, the price of gold remained at 317,000 rupees per tola on Tuesday. According to the federation, the price of 10 gr...
The price of gold increased, how much is the transaction going on today?
Kathmandu. The price of gold increased on Tuesday. Today, the price of gold has increased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, today the price of printed gold has been fixed at 3 lakh 5 thousand 500 rupees...
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...
A Chinese company is in charge of printing 430 million notes of 1000 denominations
Kathmandu. Nepal Rastra Bank has given a contract to a Chinese company to print new notes of 1000 rupees. Rastra Bank has issued a notification and informed that China Bank Note Printing and Minting Corporation has bee...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 149 rupees 11 paisa and the selling rate is 149 rupees 71 paisa. Similarly, the...
High increase in the price of gold, now how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold rose by Rs 6,200 per tola in one day. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 83 thousand 500 per tola today. On...



