Government Announces Issuance Citizen Saving Bonds 2086 (A) with 7.5% Interest and Five-Year Maturity

Wed, Nov 27, 2024 10:24 AM on Latest, Economy, National,

The government has officially announced the issuance of Citizen Saving Bonds 2086 (A), providing Nepali citizens with a secure investment opportunity. These bonds, worth Rs. 2 billion, offer an annual interest rate of 7.5% and will be available for application from November 28 to December 29.

The bonds come with attractive features, including semi-annual interest payments, the ability to use them as collateral for loans, and the option to trade them in the secondary market. With an issuance date set for December 31, 2024, the bonds have a maturity period of five years.

Applicants can complete the process entirely online by accessing the application form through the official website of the Public Debt Management Office. The process requires bank account verification and the upload of necessary documents. The minimum application amount is Rs. 10,000, while the maximum limit will depend on the total issuance volume.

This initiative aims to offer Nepali citizens a safe and profitable investment option while supporting the government’s efforts to enhance public debt management.