OWNERSHIP STRUCTURE OF GOVERNMENT SECURITIES

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1 OWNERSHIP STRUCTURE OF GOVERNMENT SECURITIES Published By: NEPAL RASTRA BANK CENTRAL OFFICE PUBLIC DEBT MANAGEMENT DEPT.THAPATHALI, KATHMANDU Phone No , , Fax No

2 CONTENTS S.No. Particular Page No. 1 Internal Debt Liability of Government of Nepal. 1 2 Ownership Statement of Government Securities. 2 3 Ownership Structure of Government Securities. 3 4 Payment Schedule of Government Securities. 4 5 Ownership Structure of Development Bonds. 5 6 Ownership Structure of Development Bonds held by Commercial Banks. 6 7 Ownership Structure of 91-Days T/B Issued through Primary Markets 7 8 Ownership Structure of 364- Days T/B Issued through Primary Markets 8 9 Ownership Structure of 28 & 182-Days T/B Issued through Primary Mkt Ownership Structure of 91& 364-Days T/B Issued through NRB Sec. Mkt Ownership Structure of Treasury Bills Ownership Structure of Special Bonds Ownership Structure of Citizen/National Saving Bonds Statement of Government Securities held by NRB Act Statement of Interest Received from Govrenment for Different Securities Statement of Newly Issued Government Securities in Current Fiscal Year Payment of Principal Amount for various Gov. Securities in Current F/Y Structure of Secondary Market Transactions of Nepal Rastra Bank Structure of Standing Liquidity Facility Transactions Ownership Structure of T Bills & Dev.Bonds held by Com.Banks Ownership Structure of Development Bonds held by Development Banks Ownership Structure of Dev. Bonds held by Finance & Insurance Company 22

3 Internal Debt Liability of Nepal Government Rs.in Lakhs S.no Bonds Amount Percentage # Ownership Of NRB 1 Development Bonds 294, , National Savings Bonds 2, Treasury Bills 865, , Special Bonds 2, Citizen Savings Bonds 44, , ,208, , Page 1

4 Ownership Statement of Government Securities Rs.in Lakhs Development Bonds Treasury Bills Ownership Amount % Ownership Amount % NRB (Including secondary mkt.)# 3, NRB( Including secondary mkt) 234, Commercial Banks 107, Nepal Bank Ltd. 80, Developments Banks 2, Rastriya Banijya Bank 114, Finance Companies 11, Agriculture Development Bank 26, Employees' Provident Fund 63, Nabil Bank Ltd. 19, Citizen Investment Trust 10, Nepal Investment Bank Ltd. 32, Nepal Telecom 10, Standard Chartered Bank Ltd. 76, Retirement Fund & Others 26, Himalyan Bank Ltd. 46, Insurance Companies 52, Nepal S.B.I Bank Ltd. 24, Public 1, Everest Bank Ltd. 26, Others 4, Nepal Bangaledesh Bank Ltd. 19, , Bank Of Kathmandu Ltd. 10, Nepal Credit & Comm.Bank Ltd. 12, Citizen Saving Bonds Lumbini Bank Ltd. 5, Public 27, Machhapuchure Bank Ltd. 10, NRB Including secondary mkt. 14, Kumari Bank Ltd. 7, Market Maker's,Special A/c 2, Nepal Industrail & Com.Bank Ltd. 21, , Laxmi Bank Ltd. 9, Siddhartha Bank Ltd. 12, Special Bonds Gobal Bank Ltd. 7, Rastriya Banijya Bank 1, Citizens Bank Int'l Ltd. 9, Others Sunrise Bank Ltd. 10, , Bank Of Asia Nepal Ltd. 4, Prime Comm. Bank Ltd. 3, National Saving Bonds NMB Bank Ltd. 3, Public 1, DCBL Bank Ltd. 4, NRB Including secondary mkt KIST Bank Ltd. 6, Market Maker's,Special A/c Others 26, , , Page 2

5 S.no Ownership Ownership Structure of Government Securities Development Bonds National Savings Bonds Treasury Bills Special Bonds Citizen Seving Bonds Rs.In Lakhs Percentage 1 NRB (Including sec. mkt.)# 3, , , , Commercial Banks 107, , , , Developments Banks 2, , Finance Companies 11, , , Employees' Provident Fund 63, , Citizen Investment Trust 10, , Nepal Telecom 10, , Retirement Fund & Others 26, , Insurance Companies 52, , Public 1, , , , Others 4, , , , , , , , ,208, # :Including securities held by NRB and other related funds. Others = Private non profit making org. & Business org. page3

6 Payment Schedule of Government Securities Rs.In Lakhs Payment Development National Saving Special Treasury Citizen Saving Fiscal Year Bonds Bonds Bonds Bills Bonds 2066/67 30, , , , , / , , , / /70 44, , , , /71 77, , , /72 20, , /73 44, , , /76 55, , , /77 24, , , , , , , ,208, Page 4

7 Ownership Structure of Development Bonds Rs.in Lakhs Development Issue Maturity Interest NRB NRB Commercial Dev. Finance karmachari Citizen Nepal Retirement Insurance Others Public Bonds Date Date Rate Sec.Mkt. Diff.Fund Banks Banks Companies Sanchaya Kosh invt.trust Telecom Fund &Oth. Companies Amount 2070 # 060/03/20 070/03/ /03/24 071/03/ * 062/02/19 067/02/ ka * 062/02/26 067/02/ kha* 062/03/13 067/03/ ga * 062/03/20 067/03/ * 062/11/09 072/11/ * 063/08/12 075/08/ ka * 063/11/29 075/11/ * 064/03/21 076/03/ ka* 064/07/29 076/07/ kha * 064/09/03 076/09/ ga * 064/09/23 076/09/ ka * 064/12/19 072/12/ * 065/03/30 073/03/ *ka 065/09/20 071/09/ *kha 06603/16 071/03/ *ka 066/03/28 073/03/ Percentage Others = Private non profit making org. &Business org. # Annual Interest Receivable * Sale Through Auction Page 5

8 Rs.in Lakhs Dev. Issue Maturity Interest Nepal RBB ADB Nabil SCBN Himalayan Everest NIC Bank Of N.B. NCC Kumari Nepal SBI Laxmi Lumbini Siddhartha Citizens Global Bank OF Sunrise NMB DCBL Kist Bonds Date Date Rate Bank Bank Bank Bank Bank Bank Bank Bank Kath. Bank Bank Bank Bank Bank Bank Bank Bank Bank Asia Bank Bank Bank Bank Amount Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Int.Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd # 060/03/20 070/03/ /03/24 071/03/ * 062/02/19 067/02/ ka* 062/02/26 067/02/ kha* 062/03/13 067/03/ ga* 062/03/20 067/03/ * 062/11/09 072/11/ * 063/08/12 075/08/ ka* 063/11/29 075/11/ * 064/03/21 076/03/ ka* 064/07/29 076/07/ kha* 064/09/03 076/09/ ga* 064/09/23 076/09/ ka* 064/12/19 072/12/ * 065/03/30 073/03/ *ka 065/09/20 071/09/ *kha 066/03/16 071/03/ *ka 066/03/28 073/03/ Percentage Ownership Structure of Development Bonds held by Commercial Banks # Annual Interest Receivable * Sale Through Auction Page 6

9 Ownership Structure of 91-Days Treasury Bills Issued through Primary Market Commercial Banks Rs.in Lakhs Issue Maturity NRB Nepal RBB ADB Nabil NIB SCBN HBL Nepal SBI Everest NB Bank of NCC Lumbini Machha Kumari NIC Laxmi Siddha. Global Citizens Prime Sunrise NMB DCBL Bank of KIST Net Issued S.No Date Date Sec.Mkt Others Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank kath. Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Asia N Bank Amount 1 2 Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Int. Int. Int. Ltd. Ltd. Ltd. Ltd /06/06 066/09/ /06/13 066/09/ /06/20 066/09/ /06/27 066/09/ /07/04 066/10/ /07/10 066/10/ /07/17 066/10/ /07/24 066/10/ /08/02 066/11/ /08/09 066/11/ /08/16 066/11/ /08/23 066/11/ /08/30 066/12/ Percentage Page 7

10 Ownership Structure of 364-Days T-Bills Issued through Primary Market Rs.in Lakhs NRB Commercial Banks Net S.N. Issue Maturity Sec. Others Nepal RBB ADB Nabil NIB SCBN Himalayan Nepal SBI Everest NB Bank of NCC Lumbini Machha Kumari NIC Laxmi Siddhartha Global Citizens Sunrise Bank Of Prime NMB DCBL KIST Issued Date Date Market Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank kath. Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Asia Nepal Com. Bank Bank Bank Amount 1 2 Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd Ltd. Ltd. Ltd. Int.Ltd. Ltd. Ltd. Bank Ltd Ltd. Ltd. Ltd ka 065/09/08 066/09/ ka* 065/09/16 066/09/ ka 065/09/22 066/09/ ka 065/09/29 066/09/ ka 065/10/07 066/10/ ka 065/10/21 066/10/ ka 065/11/06 066/11/ ka 065/11/13 066/11/ ka 065/11/20 066/11/ ka* 065/11/28 066/11/ /12/04 066/12/ ka 065/12/11 066/12/ ka 065/12/18 066/12/ ka 065/12/25 066/12/ ka 066/01/02 066/12/ ka 066/02/05 067/02/ ka 066/03/02 067/03/ ka 066/03/09 067/03/ ka 066/03/16 067/03/ ka 066/03/23 067/03/ ka 066/05/23 067/05/ ka 066/06/06 067/06/ ka** 066/06/13 067/06/ ka 066/06/20 067/06/ ka 066/07/17 067/07/ ka 066/07/24 067/07/ ka 066/08/02 067/07/ ka 066/08/09 067/08/ ka 066/08/23 067/08/ ka 066/08/30 067/08/ rcentage *363 days **361 days Page 8

11 S.N. Ownership Structure of 28 & 182 Days T-Bills Issued through Primary Market Commercial Banks Issue Maturity Nrb Sec. Others Nepal RBB ADB Nabil NIB S.C.B.N Himalayan Nepal SBI Everest N. B. Bank of NCC Lumbini Machha Kumari NIC Laxmi Siddhartha Citizens Global BOANL NMB DCBL Prime KIST Issued Date Date Mkt. Bank Bank. Bank. Bank. Bank. Bank. Bank Bank Bank Bank kath. Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Com.Bank Bank Amount 1 2 Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd. Ltd Rs.In Lakhs Net /08/23 066/09/ ka 066/03/09 066/09/ ka 066/03/16 066/09/ ka 066/03/23 066/09/ ka 066/05/30 066/12/ ka 066/06/06 066/12/ ka 066/06/13 066/12/ ka 066/06/20 066/12/ ka 066/08/23 067/02/ ka 066/08/30 067/03/ Precentage page 9

12 Ownership Structure of 91&364-Days T-Bills Transactions Issuedthrough NRB Secondary Market Days Rs.in lakhs Series No. ST931(kha) ST932(kha) ST933(ka) ST940(kha) ST941(kha) ST950(kha) ST960(ka) ST961(kha) ST965(ka) ST966(ka) ST967(kha) ST968(kha) Issue Date 065/11/13 065/11/20 065/11/27 066/01/15 066/01/22 066/03/25 066/05/30 066/06/06 066/07/03 066/07/10 066/07/17 066/07/24 Net Issued Payment Date 066/11/11 066/11/18 066/11/25 067/01/14 067/01/21 067/03/24 067/05/29 067/06/05 066/10/05 066/10/12 066/10/19 066/10/26 Amount Nepal Rastra Bank (sec mkt.) Nepal Bank Ltd Rastriya Banijya Bank 0.00 Agriculture Development Bank 0.00 Nabil Bank Ltd Nepal Investment Bank Ltd Standard Chartered Bank Ltd Himalyan Bank Ltd Nepal S.B.I Bank Ltd Everest Bank Ltd Nepal Bangaledesh Bank Ltd 0.00 Bank Of Kathmandu Ltd 0.00 Nepal Credit & Commerce Bank 0.00 Lumbini Bank Ltd Machhapuchure bank Ltd Kumari Bank Ltd Nepal Industrail & Com.Bank Ltd Laxmi Bank Ltd Siddhartha Bank Ltd Gobal Bank Ltd Citizens Bank Int'l Ltd Sunrise Bank Ltd Prime Com. Bank Ltd DCBL Bank Ltd Others Percentage Page 10

13 Ownership Structure of Treasury Bills Rs. in Lakhs Name of the Banks 91 Days 28/182 Days 364 Days ST91/364 Days Nepal Rastra Bank(Sec.Mkt) Nepal Bank Ltd Rastriya Banijya Bank Agriculture Development Bank Nabil Bank Ltd Nepal Investment Bank Ltd Standard Chartered Bank Nepal Ltd Himalyan Bank Ltd Nepal SBI Bank Ltd Everest Bank Ltd Nepal Bangaledesh Bank Ltd Bank Of Kathmandu Ltd Nepal Credit & Commerce Bank Ltd Lumbini Bank Ltd MachhapuchureBank Ltd Kumari Bank Ltd Nepal Industrail & Com.Bank Ltd Laxmi Bank Ltd Siddhartha Bank Ltd Gobal Bank Ltd Citizens Bank Int'l Ltd Sunrise Bank Ltd Bank Of Asia Nepal Ltd Prime Com. Bank Ltd NMB Bank Ltd DCBL Bank Ltd KIST Bank Ltd Others Grand page 11

14 Rs. in Lakhs Special Bonds Issue Maturity Interest Rastriya Others Date Date Rate Banijya Bank Special Bond 2069# 2059/08/ /08/ Special Bond 2066(gha) 2061/09/ /09/ Special Bond 2066(nga) 2061/10/ /10/ Special Bond 2066(cha) 2061/12/ /12/ Special Bond /01/ /01/ Special Bond 2067(ka) 2062/02/ /02/ Special Bond 2067 (kha) 2062/04/ /04/ Special Bond 2067(gha) 2062/09/ /09/ Special Bond /02/ /02/ Special Bond 2068 ka 2063/04/ /04/ , Percentage # Annual interest Ownership Structure of Special Bonds page 12

15 Ownership Structure of Citizen Saving Bonds Discription Issued Date Payment Date Interest Rate Public NRB Secondary Market Market Maker Special A/C Rs in lakhs /03/ /03/ /11/ /11/ /10/ /10/ /07/ /07/ (ka) 2064/09/ /09/ (ka) 2064/12/ /12/ /03/ /03/ /09/ /09/ kha 2066/03/ /03/ Percentage 27, , , , Ownership Structure of National Saving Bonds Rs.in Lakhs Discription Issued Date Payment Date Interest Rate Public NRB Secondary Market Maker Market Special A/C 2066 ka 061/12/15 066/12/ Percentage Page 13

16 Statement of Govt. Securities held by NRB Under the NRB Act 2058 Rs.In lakhs Balance Countable Balance non-countable NRB Diff. Issue Maturity S.N. Int./Dis. Bonds Discriptions in NRB ownership in NRB ownership Funds Date Date *Article Bal.noncountable ka kha ga No.75(8) Development Bond /11/09 072/11/ Development Bond /03/20 070/03/ Development Bond /03/24 071/03/24 2, Citizen Saving Bond /03/05 067/03/ Citizen Saving Bond 2067ka 065/12/24 067/12/24 1, Citizen Saving Bond /11/23 072/11/23 1, Citizen Saving Bond /11/23 072/11/23 1, Citizen Saving Bond /09/09 071/09/09 1, Citizen Saving Bond 2071ka 064/07/21 071/07/21 3, Citizen Saving Bond /09/28 070/09/ Citizen Saving Bond /03/15 069/03/ Citizen Saving Bond 2071kha 066/03/28 071/03/ National Saving Bond 2066ka 061/12/15 066/12/ Treasury Bill ST 960ka* 066/05/30 066/05/29 37, Treasury Bill ST 961 ka* 066/06/06 067/06/06 54, Treasury Bill ST 931 kha* 065/11/13 066/11/11 39, Treasury Bill ST 932 kha* 065/11/20 066/11/18 5, Treasury Bill ST 933 ka* 065/11/27 066/11/25 22, Treasury Bill ST 940 kha 067/01/15 067/01/14 4, Treasury Bill ST950kha 066/03/25 067/03/24 3, Treasury Bill ST 941kha 066/01/22 067/01/21 6, Treasury Bill ST 952ka 066/07/03 066/10/05 2, Treasury Bill ST953 ka 066/07/10 066/10/12 7, Treasury Bill ST954ka 066/07/17 066/10/19 11, Treasury Bill ST955ka 066/07/24 066/10/26 27, Treasury Bill /08/02 066/11/ Treasury Bill /08/30 066/12/ Treasury Bill /08/23 066/09/ Treasury Bill 81ka 066/08/30 067/03/ *Statuary Balance Related to NRB Act, 2058 Article no.75(8) Page 14

17 Statement of Interest Received From Government for Different Securities Rs.In lakhs Months Development Bonds National Seving Bonds Citizen Seving Bonds Treasury Bills Special Bonds Received Amount Shrawan , Bhadra , , Ashwin , , Kartik , , Marga , , Poush - Magh - Falgun - Chaitra - Baishakh - Jestha - Ashad - 2, , , Page 15

18 Newly Issued Govt.Securities in the Current Fiscal Year 2007/08 Rs.In Lakhs S.N. Types of Securities Date of Issue Payment Date Interest/Discount Net Issued Amount Page 16

19 Payment of Principal for various Govt. Securities in the Current Fiscal Year Months Citizen Saving Bonds National Saving Bonds Development Bonds Treasury Bill Sepcial Bonds Rs. In.Lakhs Shrawan Bhadra 0.00 Ashwin Kartik 0.00 Marga Poush 0.00 Magha 0.00 Falgun 0.00 Chaitra 0.00 Baishakh 0.00 Jestha 0.00 Ashad page 17

20 Structure of NRB Secondary Market Transactions 1.Repo Auction Rs.in Lakhs S.No. Banks Repo Date Repo Amount Outstanding_ Days 1 Bank of Asia NBL Siddhartha Kumari RBB Sunrise N.I.C. Bank Kist Sunrise Global N.I.C. Bank Kumari RBB Kasthamandap Machchhapuchre Kist RBB NIC Citizens Bank Siddhartha Kumari NIB Sanima Dev Kumari NSBI Sunrise Siddhartha RBB Global Everest SCBN RBB Reverse Repo Auction Rs.in Lakhs S.No. Banks Reverse Repo Reverse Repo Outstanding_ Days - 3.NRB Outright Sale/Purchase Rs.in Lakhs S.No. Banks Date of Outright Sale Outright Days 0.00 Page 18

21 Structure of Standing Liquidity Facility(SLF) Transations Rs.Lakhs S.N. Banks Date Days Rate Amount Outstanding 1 Kist Bank Global bank Global bank Siddhartha Bank Nepal SBI Bank Citizens Bank Int"l Ltd Everest Bank Ltd Everest Bank Ltd Siddhartha Bank Citizens Bank Int"l Ltd Global bank Nepal SBI Bank Kist Bank Citizens Bank Int"l Ltd Kumari Bank Nepal SBI Bank Nepal Investment Bank Sunrise Bank Prime Commercial Bank Global bank Bank of Kathmandu Citizens Bank Int"l Ltd Siddhartha Bank Laxmi Bank NCC Bank Bank of Asia Sanima Bikash Bank Kist Bank Nepal Investment Bank Global bank ` 31 NIC Bank Ltd RBB Kist Bank Machhapuchchhre Bank Nepal SBI Bank Siddhartha Bank Global bank Global bank Global bank Kist Bank Nepal SBI Bank Kist Bank Global bank Siddhartha Bank NCC Bank SCBN Bank of Asia NMB Bank Siddhartha Bank Nepal SBI Bank RBB Citizens Bank Int"l Ltd SCBN NMB Bank Nepal SBI Bank RBB Global bank Machhapuchchhre Bank Kist Bank Nepal SBI Bank Siddhartha Bank Kist Bank Kist Bank , page 19

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