With support from Sheikha Fatima, UAE to restore Umayyad Mosque in Damascus
Mother of the Nation Endowment for Orphans’ initiative raises AED3.3bn during Ramadan; launches AED1 bn ‘Mother of the Nation City’ project
UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
CBO Announces Auction Results of 74th GDB IssueMuscat, 29 Apr (ONA) —— The Central Bank of Oman (CBO) today announced the Auction results of the 74th Government Development Bonds (GDB) issue worth RO 100,000,000.According to a media release issued by CBO’s Market Operations Department, the 74th GDB Issue, which received overwhelming response from investors, has received applications amounted RO 235,580,100.The average yield was 4.49 percent at an equivalent price of RO 100.490, while the highest yield was 4.55percent at an equivalent price of RO 100.220 and the lowest was at 4.40 percent at an equivalent price of RO 100.890.The 5-year Bond will be issued on Thursday, 1 May 2025 and it will mature on 1 May 2030, carrying a coupon rate of 4.60 % p.a.—— Ends/AH
