NRB issuing Rs 20 billion repo
Published On : 6 October, 2021 3:07 pm
Nepal Rastra Bank (NRB) is issuing a repurchase agreement (repo) worth Rs 20 billion today. The bank is issuing the repo to prevent a shortage of investment capital in banks and the financial systems. The repo will mature on October 19. NRB issues short-term repos if there is a liquidity shortage in the banking system. Before this, NRB had sent Rs 30 billion to the market through repo. Banks and financial institutions use the repo, inter-bank lending, and Standing Liquidity Facility (SLF) in case of a liquidity crunch.