Oman issues RO 49 million in treasure bills this week

MUSCAT : According to CBO, the treasury bills were issued in four different maturity periods:

28-day bills: RO 3 million allocated, with an average discount rate of 3.91071% and an average return of 3.92248%.
91-day bills: RO 4 million allocated, with an average discount rate of 4.15137% and an average return of 4.19479%.
182-day bills: RO 32 million allocated, marking the largest share, with an average discount rate of 4.31181% and an average return of 4.40656%.

364-day bills: RO 10 million allocated, with an average discount rate of 4.08118% and an average return of 4.25436%.

The repo interest rate with the CBO on these treasury bills stands at 5%, while the discount rate is 5.50%.

Treasury bills, issued by Oman’s Ministry of Finance, serve as short-term secured financial instruments, offering investment avenues for commercial banks while supporting government financing needs. The CBO manages their issuance, ensuring liquidity through repo transactions and interbank trading.

The Gulf Indians

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