NRB to Issue Repo worth Rs 50 Billion   

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NRB to Issue Repo worth Rs 50 Billion   

December 29: Nepal Rastra Bank (NRB) is all set to issue repo worth Rs 50 billion for managing the liquidity in banks and financial institutions. The central bank is issuing the repo for liquidity management as a large amount of money would go out from the banking system in the form of revenue upon payment of the first installment of the income tax on January 14.    
NRB is auctioning the repo on Thursday itself. The maturity period of the repo will be of 45 days. Category A, B and C banks and financial institutions can participate in the bidding process. The repo will mature on February 12, according to the NRB. -- RSS 

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