Kathmandu. The Public Debt Management Office has also made public the schedule to raise internal debt worth Rs 113 billion from Mid-July to September.

According to the schedule, development bonds worth Rs 110 billion will be sold during the period. The office will sell 11 development bonds of three-year to 11-year tenure worth Rs 10 billion. Similarly, citizen savings certificates worth Rs 2.5 billion for five years will be sold for foreign employment savings certificates worth Rs 500 million.

Similarly, the second quarter of the current fiscal year i.e. from October to December is scheduled to raise Rs 85 billion internal debt. Of this, Rs 25 billion will be raised through treasury bills and Rs 60 billion through development bonds. During this period, five treasury bills worth Rs 5 billion will be sold for 28 days to one year. Similarly, six development bonds of three-year to 10-year tenure worth Rs 10 billion will be sold.

According to the schedule, rs 109 billion internal debt will be raised from January to March. During this period, Rs 50 billion will be raised through treasury bills and Rs 56 billion through development bonds. Similarly, citizen savings certificates worth Rs 2.5 billion and foreign employment savings certificates worth Rs 500 million will be sold for a period of five years. According to the schedule, rs 55 billion internal debt will be raised from April to June.

During this period, Rs 55 billion will be raised through 11 treasury bills worth Rs 5 billion. The government had presented a budget of Rs 1,964.11 billion for the current fiscal year. Of this, Rs 1,180.58 billion has been allocated for current, Rs 407.69 billion for capital and Rs 375.24 billion for finance management.

According to the budget, rs 1,315 billion will be raised from revenue, Rs 362 billion from internal debt, Rs 233 billion from external debt and Rs 53 billion from grants. As per the provisions made in the budget, the office has made public the schedule for the sale of development loans, treasury bills and foreign employment savings certificates to raise internal debt.