Nepal Rastra Bank to Issue Development Bonds Maturing in 2034

Nepal Rastra Bank (NRB) has announced the issuance of development bonds that will mature in 2034. According to a notice released by the Monetary Management Department, the bonds will be available for purchase through an online bidding system starting at 10:00 AM on April 3, 2025 (2081 Chaitra 20).

The details of the bond issuance are as follows:

• Application Amount: NPR 100 million (at auction price)

• Sale Date: April 3, 2025 (2081 Chaitra 20)

• Maturity Date: April 3, 2034 (2091 Chaitra 20)

• Interest Rate: To be determined on a competitive basis

Applicants can bid for a minimum of NPR 10 million and up to the total issuance amount. The bonds are open for investment by Nepal Rastra Bank, financial institutions, insurance companies, organized entities, and the general public.

The central bank has stated that the interest rate for these bonds will be determined on a pro-rata basis, with interest payments made semi-annually. For further details, interested parties are requested to contact the Monetary Management Department of Nepal Rastra Bank.