Central Bank of Oman announces auction results of 69th GDB issue

Central Bank of Oman announces auction results of 69th GDB issue

The Central Bank of Oman announced auction results of the 69th Government Development Bonds (GDB) issue worth RO 100,000,000.

The post Central Bank of Oman announces auction results of 69th GDB issue appeared first on The Arabian Stories News.MUSCAT : According to a media release issued by CBO’s Market Operations Department, the 69th GDB Issue, which received overwhelming response from investors, has received applications (bids) amounting RO 231,719,200.The average yield was 4.94 percent at an equivalent price of RO 99.890, while the highest yield was 5.20 percent at an equivalent price of RO 99.175 and the lowest was at 4.00 percent at an equivalent price of RO 102.520.The 3-years Bond will be issued on Tuesday, February 27, 2024 and it will mature on February 27, 2027, carrying a coupon rate of 4.90 percent per annum.

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The post Central Bank of Oman announces auction results of 69th GDB issue appeared first on The Arabian Stories News. Central Bank of Oman announces auction results of 69th GDB issue