KATHMANDU, April 22: The government is set to raise Rs 25.25 billion in short-term internal debt through treasury bills on Tuesday, according to the Public Debt Management Office.
Of the total amount, the office will raise Rs 20.25 billion by renewing existing treasury bills and the remaining Rs 5 billion through the issuance of new ones.
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The government has been using treasury bills as a short-term instrument to mobilize internal debt, while it relies on development bonds, citizen savings bonds, and foreign bonds for long-term borrowing.
With interest rates dropping amid improved liquidity in the market, the government has revised its public debt mobilization schedule, focusing on aggressive borrowing.
