Oman issues government treasury bills worth 63 million rials this week

Oman issues government treasury bills worth 63 million rials this week

The Central Bank of Oman headquarters in Ruwi, Muscat.

Published: Tue 9 Apr 2024, 5:27 PM Last updated: Tue 9 Apr 2024, 5:28 PM

The Central Bank of Oman (CBO) has announced that the total issuance of government treasury bills amounted to 63 million Omani rials this week.

Oman News Agency (ONA) quoted CBO’s statement as saying that the value of the allotted Treasury bills amounted to 3 million rials, for a maturity period of 28 days. The average accepted price reached 99.625 rials for every 100 rials, and the minimum accepted price arrived at 99.625 rials per 100 rials. The average discount rate and the average yield reached 4.88839 per cent and 4.90679 per cent , respectively.

CBO added that the value of the allotted treasury bills amounted to 14.3 million rials, for a maturity period of 91 days. The average accepted price reached 98.739 rials for every 100 rials, and the minimum accepted price arrived at 98.725 rials per 100 rials. The average discount rate and the average yield reached 5.05932 per cent and 5.12395 per cent , respectively.

The value of the allotted treasury bills amounted to five million rials, for a maturity period of 182 days. The average accepted price reached