Nepal Rastra Bank (NRB) absorbed Rs 40 billion in excess liquidity from banks and financial institutions on Tuesday through a deposit collection instrument. The central bank sought bids for an 89-day term, with principal and interest payable on May 17, 2026. Banks and financial institutions submitted online bids by 3:00 pm, with interest rates determined via competitive bidding. The move is aimed at stabilizing the financial system amid surplus liquidity in banks. NRB allocated funds by prioritizing the lowest interest rate bids to ensure cost-efficient monetary management.
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