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English news

25-May-2016

Central Bank of Oman issues treasury bills worth OMR41mn

A tender of Government Treasury Bills, issue number 008, was held at the Central Bank of Oman (CBO) this week. The total value of the allotted Treasury bills amounted to OMR41mn, for a maturity period of 28 days. The average accepted price reached 99.957 for every OMR100, while the minimum accepted price arrived at 99.955 per OMR100. Whereas the average discount rate and the average yield reached 0.56276% and 0.56301%, respectively. The interest rate on the Repo operations with CBO is one per cent for the period from 24/05/2016 to 30/05/2016, while the discount rate on the Treasury Bills Discounting Facility with CBO is 1.75%, for the same period. (Times of Oman)

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