Government raising 10 billion rupees in internal debt

Kathmandu- The government has prepared to raise 10 billion rupees in internal debt. The Public Debt Management Office under the Ministry of Finance is going to raise 10 billion rupees by selling and issuing 10-year development bonds 2091.

According to a notice issued by the Public Debt Management Office, the bonds will be sold through auction on Magh 15 and issued on Magh 18.

The office has stated that banks and financial institutions, non-bank financial institutions, insurance companies and Nepali citizens can participate in the auction of the bonds.