Foreign Employment Savings Bonds Can Now Be Traded on the Stock Market: New Government Policy Implemented

The government has introduced a new policy allowing the trading of Foreign Employment Savings Bonds in the stock market, following a lack of expected investment in these bonds. To facilitate this, the government has developed new procedures to enable the trading of these bonds in the stock market.

Attractive Interest Rate: Despite offering 2.42% higher interest rates than deposits provided by banks and financial institutions, the Foreign Employment Savings Bonds failed to attract investors. In response, the government has introduced this new scheme with additional benefits.

Stock Market Trading: Now, citizens working abroad will not only be able to invest in the Foreign Employment Savings Bonds but also trade them in the stock market, just like other shares.

Procedures Issued: The Public Debt Management Office has issued the 'Internal Debt (Issuance and Management) Procedure, 2081,' allowing the trading of Citizen Savings Bonds and Foreign Employment Savings Bonds in the secondary market.

Online System: Similar to the online trading system operated by the Nepal Stock Exchange (NEPSE), the Public Debt Management Office has launched systems named 'DOMS' and 'Investor Portal' to facilitate the trading of Citizen Savings Bonds and Foreign Employment Savings Bonds. This will make it easier for investors to invest directly in these bonds.

This new arrangement is expected to help citizens working abroad safeguard their savings and trade in the stock market in a more convenient manner.