Sunday Oct 24, 2021
Sunday Oct 24, 2021

NRB issuing Rs 20 billion repo


Nepalnews
2021 Oct 06, 14:22, Kathmandu
Nepal Rastra Bank has asked all concerned to exchange the fourth edition of Qatari Riyal banknotes.
Nepal Rastra Bank (NRB) is issuing a repurchase agreement (repo) worth Rs 20 billion today.
The bank is issuing the repo to prevent a shortage of investment capital in banks and the financial systems. The repo will mature on October 19.
NRB issues short-term repo if there is a liquidity shortage in the banking system.
Before this, NRB had sent Rs 30 billion to market through repo. Banks and financial institutions use the repo, inter-bank lending, and Standing Liquidity Facility (SLF) in case of a liquidity crunch.

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NRB Repo Repurchase Agreement Nepal Rastra Bank investment capital Banks financial systems

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