KATHMANDU, July 23: Nepal Rastra Bank (NRB) is set to mop Rs 80 billion from the market through a 56-day liquidity management auction. The central bank has called for bids from banks and financial institutions, with the auction scheduled online at 3 pm on Wednesday.
The principal and interest will be repaid on September 17. The bank currently has Rs 319 billion in outstanding deposits mobilized through earlier instruments.