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CBO
Announces Auction Results of 75th GDB Issue Worth RO 72.7m
Muscat,
22 Jul (ONA) — The Central Bank of Oman today announced the Auction results
of the 75th Government Development Bonds (GDB) issue worth RO 72,700,000.
According
to a media release issued by CBO’s Market Operations Department, the 75th GDB
Issue, which received overwhelming response from investors, has received
applications amounted to RO 150,779,300.
The
average yield was 4.28 percent at an equivalent price of RO 100.055, while the
highest yield was 4.30 percent at an equivalent price of RO 100.000 and the
lowest was at 4.10 percent at an equivalent price of RO 100.560.
The
3-year Bond will be issued on Thursday, 24 July 2025 and it will mature on 24
July 2028, carrying a coupon rate of 4.30 % p.a.
—Ends/AG
