Muscat, The Central Bank of Oman (CBO) today announced the auction results of the 71st Government Development Bonds (GDB) issue worth RO 100,000,000. According to a media release issued by CBO's Market Operations Department, the 71st GDB Issue, which received overwhelming response from investors, has received applications that amounted to RO 226,843,000. The average yield was 5.10 percent at an equivalent price of RO 100.000, while the highest yield was 5.12 percent at an equivalent price of RO 99.910 and the lowest was at 5.05 percent at an equivalent price of RO 100.220. The 5-year Bond will be issued on Tuesday, 16th July 2024 and it will mature on 16th July 2029, carrying a coupon rate of 5.10 % p.a. Source: Oman News Agency
Related Articles
Our National Team Set to Face Jordan in Pivotal World Cup Qualifier
Muscat: Our national football team is gearing up to host Jordan tomorrow at the Sultan Qaboos Sports Complex in Bausher, Muscat Governorate, for a critical match in the ninth round of the Asian qualifiers for the 2026 FIFA World Cup. The game is sched…
OPAZ Delegation Holds Meetings in London
London: A delegation from the Public Authority for Special Economic Zones and Free Zones (OPAZ), headed by Sheikh Dr. Ali bin Masoud Al Sunaidy, Chairman of the Authority, held a series of meetings in the British capital, London. The delegation includ…
Oil Rises About 0.7% in Early Trade
London: Oil prices rose about 0.7% in early trading today after posting their steepest quarterly losses in years. Brent crude futures gained 50 cents, or 0.69%, to $73.45 a barrel, while West Texas Intermediate crude futures climbed 63 cents, or 0.91%…