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 issues of Government Development Bonds.
According to Oman News Agency, the new bond issues include Issue No. 78, which is valued at RO 75 million, with a green shoe option not exceeding RO 25 million. This issue has a maturity period of 7 years and a coupon rate of 4.20% per annum. Additionally, Issue No. 79 is valued at RO 15 million, with a green shoe option not exceeding RO 5 million. This issue comes with a 10-year maturity period and a coupon rate of 4.35% per annum.
Both bond issues will be available for subscription from November 12 to November 18, 2025, with the auction scheduled for Wednesday, November 19, 2025. The issue date will follow on Sunday, November 23, 2025. Interest on the 78th and 79th bond issues will be paid semiannually on May 23 and November 23 each year until the bonds reach maturity on November 23, 2032, and November 23, 2035, respectively.
The Government Development Bonds are open to all investors, both residents and non-residents, regardless of nationality. Applications for these bonds can be made through a competitive bidding process and submitted via commercial licensed banks operating in the Sultanate of Oman during the subscription period. Investors who wish to apply for amounts of 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 the Sultanate of Oman, represented by the Ministry of Finance. They can serve as collateral for loans from any local commercial licensed banks and are tradable at prevailing market rates through the Muscat Stock Exchange (MSX). Details of the allotted bonds will be recorded in the register maintained by the Muscat Clearing and Depository Company (MCD).
Investors are required to provide bank account details registered with the MCD to ensure the smooth processing of their bids, as well as the receipt of coupon payments and the principal amount on scheduled dates.
