Muscat: On behalf of the Government of Sultanate of Oman, represented by the Ministry of Finance, the Central Bank of Oman (CBO) announced the new issue of Government Development Bonds.

According to Oman News Agency, the size of the new issue is set at RO 75 million, with an additional green shoe option not exceeding RO 15 million. The bonds have a maturity period of five years and will carry a coupon rate of 4.35% per annum. The subscription for these bonds will be open from 13 August to 19 August, 2025, with the auction scheduled for 20 August 2025. The issue date is set for 24 August 2025, and interest payments on the bonds will be made semiannually on 24 February and 24 August each year until the maturity date on 24 August 2030.

The 76th Government Development Bonds issue is accessible to all investors, both residents and non-residents, regardless of nationality. Investors can apply for these bonds through a competitive bidding process, submitting bids via commercial licensed banks in Oman during the subscription period.

Investors whose applications are RO One million and above have the option to submit their bids directly to the CBO after obtaining endorsements from their banks. The bonds are direct and unconditional obligations of the Government of Sultanate of Oman and can be used as collateral for loans from local commercial banks. They are also tradable at prevailing market rates on the Muscat Stock Exchange (MSX). The details of the allotted bonds will be recorded in a register maintained by the Muscat Clearing and Depositary Company.