Central Bank of Omen treasury tender results unveiled

MUSCAT, July 25 – According to a press release by the Central Bank of Oman (CBO), the bank has issued treasury bills, issue number 421, for a maturity period of 91 days, from 22 July until 21 October, 2015.

The total value of the allotted Treasury bills amount to Omani Riyal (OMR) 42 million (US$109 million), with average accepted price reached 99.958 for every OMR 100 (US$259) while the minimum accepted price arrived at 99.945 per OMR 100. The average discount rate reached 0.16999% and the average yield stood at 0.17006%.

Note that the interest rate on the repo operations with CBO is 1% for the period from 22 July, 2015 to 28 July, 2015 while the discount rate on the Treasury Bills Discounting Facility with CBO is 1.35%, for the same period.