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English news

04-Sep-2016

Central Bank of Oman announces OMR100m bond issue

Central Bank of Oman (CBO) will open for subscription the 50th issue of OMR100mn government development bonds (GDBs) with a maturity period of six years. It will carry a coupon rate of 5% per annum.   The issue will be open for subscription from September 18 to September 26. The auction will take place on September 28 and the issue settlement date will be on October 3. Interest on the new bonds will be paid semi-annually on April 3 and October 3 every year until maturity date on October 3, 2022. (Times of Oman)

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