The Nepal Rastra Bank announced the auction of Rs 45 billion in one-year government debt securities on July 1, 2026. This followed an identical issuance the previous day, marking two consecutive days of the same volume. The bonds are available exclusively to NRB-licensed banks and financial institutions.
The central bank uses such open market operations to manage liquidity within the banking system and to stabilise short-term interest rates. The back-to-back issuances come at a time when the banking sector is reported to have ample liquidity but subdued credit demand, with non-performing loans in the sector reaching 4.36%.