Showing posts with label Government Bonds. Show all posts
Showing posts with label Government Bonds. Show all posts

Wednesday, January 1, 2014

Govt bond witnesses encouraging subscription

KATHMANDU, Jan 1: 



After a long time, the latest bunch of government securities targeting the general public witnessed encouraging subscription.

“The public subscribed for securities worth Rs 700 million of National Saving Bond 2075 that had offered securities worth Rs 800 million,” informed a high official at Nepal Rastra Bank’s Public Debt Management Department. This is the highest rate of subscription for bonds meant for the public in recent history. 

Of the total bond worth Rs one billion, bonds worth Rs 800 million were meant for the general public, while other institutions can apply for the remaining amount worth Rs 200 million. Issue was