Big Steps
The bank has amended the existing legislations and created separate categories for commercial banks and non-commercial banks. rnrnThe new guidelines which came …
Money
Multiplying
The Central Bank plans to expand the number of primary dealers dealing exclusively in government debt.rn rnNewcomers will be on par with existing primary …
Slipping
Treasury bonds continued to slide at this week quote s auction with three-year notes shedding three basis points to 14.30 percent, the Central Bank
Raising Capital
The issue due to open on Jan. 21 also carries the option of raising a further Rs. 30 mn in the event of an oversubscription, the bank said. rnrnWith a minimum …
Another Drop
The bank said the auction was oversubscribed with bids for Rs. 4.850 bn, but the bank offered and accepted bids for only Rs. 1.000 bn. rnrnThe weighted average …
Fresh Notes
Though the euro was introduced two years ago, real notes and coins were only issued on January 1, 2002. rn rnThe old national currencies cease to be legal …
Monopoly Money
Over 6 billion notes and nearly 40 billion coins have been distributed to banks, retail shops, and cash machines, which begin dispensing the new currency at …