Thursday Mar 28, 2024
Thursday Mar 28, 2024

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.

READ ALSO:

NRB Repo Repurchase Agreement Nepal Rastra Bank investment capital Banks financial systems
Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77

Contact

KMC-02, UttarDhoka,
Lazimpat, Nepal

Newsroom
+977–01–4445751 / 4445754

E-mail
[email protected] [email protected]

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal