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English news

03-Oct-2016

CBO bonds oversubscribed

Announcing the results of the 50th issue of Government Development Bonds (GDB), the CBO said the total value applied for competitive bids had amounted to OMR195.98mn, while the total value allotted for the bonds amounted to OMR100mn. The average yield equivalent per cent to the accepted price was 5.12% at a price of OMR99.385, while the highest yield equivalent was at 5.25% for OMR98.725 and the lowest was at 4.50% for OMR102.605. (Times of Oman)

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