KATHMANDU:
The International Finance Corporation (IFC), a private sector lending arm of the World Bank, has proposed to issue around $500 million worth of local currency bonds in the country, becoming the first international financial institution to file an application for floatation of Nepali rupee bonds since the government introduced a guideline on it in October.
“Yes, the IFC has filed an application at the Ministry of Finance (MoF) to issue Nepali rupee bonds to raise local currency for relending and to deepen the capital market
The International Finance Corporation (IFC), a private sector lending arm of the World Bank, has proposed to issue around $500 million worth of local currency bonds in the country, becoming the first international financial institution to file an application for floatation of Nepali rupee bonds since the government introduced a guideline on it in October.
“Yes, the IFC has filed an application at the Ministry of Finance (MoF) to issue Nepali rupee bonds to raise local currency for relending and to deepen the capital market
