Kathmandu. Nepal Rastra Bank is going to renew the treasury bill of 18.5 billion rupees. The bank is about to renew treasury bills for 28 days, 91 days and 182 days.

There will be a public hearing for this treasury bill, which will be released on Tuesday, October 16, at 3 pm today. The central bank is going to renew the treasury of 5 billion rupees for 28 days.

This treasury will mature on October 14. Similarly, the treasury of 7 billion 75 crore rupees is going to be renewed for 91 days. This treasury will mature on 17th of January.

In addition, the treasury of 5.3 billion rupees is going to be renewed for 182 days. This treasury will mature on 20th of Chait.

Treasury bills are short-term government bonds used to raise domestic debt with a maturity of 1 or less than 1 year. This bill is sold to raise funds for the short-term period required by the government, more than one year.

There is a provision that can be used to purchase treasury bill certificates before the payment date, statutory liquidity ratio, permanent liquidity facility and inter-bank transactions.

In the case of individuals, it is also possible to take loans from banks and financial institutions by pledging treasury bill certificates.

Banks and financial institutions of all categories, organized organizations and even ordinary citizens can participate in the discussion of the treasury bill.