NRB issuing to Rs 20 billion repo for liquidity management

Jan Thu 2021 05:40:36

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NRB issuing  to Rs 20 billion repo for liquidity management

Kathmandu. Nepal Rastra Bank is issuing reverse repo of Rs 20 billion. NRB is going to issue reverse repo to mature in 28 days.

In case of excess liquidity in banks and financial institutions, the central bank mobilizes liquidity through reverse repo. When issuing repo, banks can take loans from the central bank by pledging their government bonds.

Commercial banks, development banks and finance companies can participate in this repo.