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    Nepal Stock ExchangeNEPSE NewsRs 20 billion repurchase agreement is being issued by the Nepal Rastra...

    Rs 20 billion repurchase agreement is being issued by the

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    Nepal Rastra Bank (NRB) would issue a repo worth Rs 20 billion today, according to the bank. For a period of 14 days, the bank will issue the repo in order to avoid a scarcity of investible money in the banking and system.

    In the event of a liquidity crunch in the banking sector, the NRB will issue short-term repos. The Reserve said that it will issue a 14-day repo in order to address a shortfall of investible money in the banking and sector.

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    Interested commercial banks, development banks, and institutions will have the opportunity to bid the repo that matures on October 20 during today’s auction. On September 23, the had issued a repurchase agreement (repo) of Rs 30 billion. In the event of a liquidity crunch, banks and institutions will turn to repo, interbank lending, and the standing liquidity facility (SLF).


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