Central Bank of Oman announces auction results of 73rd GBD issue

Muscat : According to a media release issued by CBO’s Market Operations Department, the 73rd GDB Issue, which received overwhelming response from investors, has received applications that amounted RO 244,679,500.

The average yield was 4.59 percent at an equivalent price of RO 100.045, while the highest yield was 4.60 percent at an equivalent price of RO 100.000 and the lowest was at 4.50 percent at an equivalent price of RO 100.445.

The 5-year Bond will be issued on Tuesday, February 18, 2025 and it will mature on February 18, 2030, carrying a coupon rate of 4.60 percent per annum.

The Gulf Indians

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