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Rastra Bank is sending 50 billion rupees for liquidity management

 

For liquidity management, Nepal Rastra Bank is going to send 50 billion rupees to the banking system through repo.  The bank has issued a notice and is about to transfer the amount through repo for a period of 45 days.  The amount will be sent to banks and financial institutions of categories A, B and C.The maturity period of the repo, which will be issued from Thursday, is till January 29.  Banks and financial institutions can negotiate for a minimum amount of Rs 10 crore to Rs 5 crore.  As the second quarter period is about to end, about 40 billion rupees of revenue will go to the government treasury by the end of December.  The re-loan period of 60 billion rupees is also ending.  As a result of this, the National Bank is going to transfer funds through repo keeping in mind the possibility of liquidity problems in January.

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