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Updated on June 6, 2023 6:23 pm
All countries
Updated on June 6, 2023 6:23 pm
All countries
Updated on June 6, 2023 6:23 pm

The Nepal Stock Exchange – A Review

As part of the economic liberalization program in , the securities market was restructured in May 1993 by the creation of the Nepal Stock Exchange (NEPSE) and the Securities Board. NEPSE, the successor to the Securities Exchange Centre (which was in existence 1976), was intended to assume a lead in the activities more confined to the operation of the securities market, while the Securities Board was to function as the body responsible for the oversight regulation of the securities market. In the absence of an active private sector participation in the and a broker dealer during the tenure of the Securities Exchange Centre, the ownership of the Exchange remained with the government and continued in the same manner the restructuring, unlike in other emerging markets. Trading during period was mainly confined to government bonds, and transactions were concluded with the intermediation of the officials of the Securities Exchange Centre.

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