Government bonds to be traded in the secondary market

Kathmandu, March 19

Government bonds are being prepared to be traded in the secondary market soon.

On Friday, this was disclosed by Bhishma Raj Dhungana, chairman of the Securities Board of Nepal, at the inauguration program on its own building Nepal Stock House Broker No. 14 in Kalikasthan of the capital. He also informed that the work of dematerializing 50 percent of government bonds to trade in the secondary market has been completed. Dhungana said that preparations for trading government bonds in the secondary market have reached the final stage. According to him, government bonds will be traded through brokers when they go to the secondary market.

A bond is a type of financial instrument in which the investor receives interest and interest from the bond issuing company after a certain period of time.

Chairman Dhungana also said that there were 16 record breaks in the share market this year. “The Nepse index crossed 2600 points for the first time,” he said. Dhungana said that the 5 percent capital gains tax levied by investors in the share market is the last.