By TRN Online, Kathmandu, Feb 1: Nepal Rastra Bank (NRB) has issued Development Bond of Rs 8 billion today.
According to a data published by the Monetary Management Department, the offer amount of Rs 8 billion has been allocated at 9.50 per cent cut off rate.
With this latest issue, the central bank has allocated the development bond of Rs 23 billion in total in the fiscal year 2022/23.
The maturity period of the bond is 5 years.