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<p>The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.</p>
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<p>The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.</p>
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<p>The savings bond failed to attract the potential buyers due to complicated purchase provision and lack of awareness, said Public Debt Management Department of NRB. No general public can purchase this bond, but only the migrant workers and NRNs who are working abroad or have not crossed four months of their return, as well as their family members.</p>
<p>The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.</p>
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<p>The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.</p>
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March 24: The foreign employment savings bond issued by the Nepal Rastra Bank (NRB) on behalf of the government recently has earned apparently low attraction among the targeted group.
NRB has been floating the debt instrument since July 2010 in a bid to mobilize the remittances and encourage saving culture among the Nepalis working abroad and pool their resources for the country’s development.
The savings bond failed to attract the potential buyers due to complicated purchase provision and lack of awareness, said Public Debt Management Department of NRB. No general public can purchase this bond, but only the migrant workers and NRNs who are working abroad or have not crossed four months of their return, as well as their family members.
The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.
The foreign employment savings bond with a maturity period of five years is targeted at Nepalis working abroad as well as the non-resident Nepalis. NRB issues the five-year bond with 10 per cent interest rate paid half-yearly. According to NRB, the bonds can be used as collateral to obtain loans from BFIs.
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<p>NRB has been floating the debt instrument since July 2010 in a bid to mobilize the remittances and encourage saving culture among the Nepalis working abroad and pool their resources for the country’s development.</p>
<p>The savings bond failed to attract the potential buyers due to complicated purchase provision and lack of awareness, said Public Debt Management Department of NRB. No general public can purchase this bond, but only the migrant workers and NRNs who are working abroad or have not crossed four months of their return, as well as their family members.</p>
<p>The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.</p>
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<p>NRB has been floating the debt instrument since July 2010 in a bid to mobilize the remittances and encourage saving culture among the Nepalis working abroad and pool their resources for the country’s development.</p>
<p>The savings bond failed to attract the potential buyers due to complicated purchase provision and lack of awareness, said Public Debt Management Department of NRB. No general public can purchase this bond, but only the migrant workers and NRNs who are working abroad or have not crossed four months of their return, as well as their family members.</p>
<p>The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.</p>
<p>The foreign employment savings bond with a maturity period of five years is targeted at Nepalis working abroad as well as the non-resident Nepalis. NRB issues the five-year bond with 10 per cent interest rate paid half-yearly. According to NRB, the bonds can be used as collateral to obtain loans from BFIs.</p>
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<p>NRB has been floating the debt instrument since July 2010 in a bid to mobilize the remittances and encourage saving culture among the Nepalis working abroad and pool their resources for the country’s development.</p>
<p>The savings bond failed to attract the potential buyers due to complicated purchase provision and lack of awareness, said Public Debt Management Department of NRB. No general public can purchase this bond, but only the migrant workers and NRNs who are working abroad or have not crossed four months of their return, as well as their family members.</p>
<p>The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.</p>
<p>The foreign employment savings bond with a maturity period of five years is targeted at Nepalis working abroad as well as the non-resident Nepalis. NRB issues the five-year bond with 10 per cent interest rate paid half-yearly. According to NRB, the bonds can be used as collateral to obtain loans from BFIs.</p>
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<p>NRB has been floating the debt instrument since July 2010 in a bid to mobilize the remittances and encourage saving culture among the Nepalis working abroad and pool their resources for the country’s development.</p>
<p>The savings bond failed to attract the potential buyers due to complicated purchase provision and lack of awareness, said Public Debt Management Department of NRB. No general public can purchase this bond, but only the migrant workers and NRNs who are working abroad or have not crossed four months of their return, as well as their family members.</p>
<p>The NRB had floated the five-year savings bond worth Rs 250 million recently on March 15. As one can apply for it till April 6 and the bonds will be allocated to the subscribers by April 12, it is too soon to pen the exact amount of the subscribed bond, the Department says. The central bank has floated such bonds for the eleventh time in the last six years. However, the sale ratio of the bonds has always remained low, statistics show.</p>
<p>The foreign employment savings bond with a maturity period of five years is targeted at Nepalis working abroad as well as the non-resident Nepalis. NRB issues the five-year bond with 10 per cent interest rate paid half-yearly. According to NRB, the bonds can be used as collateral to obtain loans from BFIs.</p>
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include - APP/View/Elements/side_bar.ctp, line 133
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