Government to issue NPR 23.5 billion in Treasury Bills

Kathmandu, October 21 — The government is set to issue treasury bills worth approximately NPR 23.5 billion on Monday. The Public Debt Management Office has announced an auction for treasury bills totaling NPR 23.49 billion.

Among these bills, NPR 18.49 billion will be allocated for renewable loans, while the remaining NPR 5 billion will be for new loan issuances. Banks and financial institutions are invited to participate in the auction electronically from 10 AM to 3 PM.

The new loan will have a maturity period of 28 days, while the renewable loans will come with terms of 91 days, 182 days, and 364 days.

Previously, the government had already issued treasury bills worth NPR 35 billion during this fiscal year. The government aims to raise NPR 330 billion in internal loans this year, with treasury bills serving as a short-term instrument for internal borrowing.