77th
Issue of Government Development Bonds Launched by Auction Method

Muscat, 21 Oct (ONA) — On behalf of the Government of Sultanate
of Oman, represented by the Ministry of Finance (MOF), the Central Bank of Oman
(CBO) announced the new issue of Government Development Bonds.

The size of the new issue is at RO 80 million, with green
shoe option (not exceeding RO 20 million), with a maturity period of 5 years
and will carry a coupon rate of 4.1% p.a. The issue will be open for
subscription from 22 to 27 October 2025 while the
auction will be held on Tuesday, 28 October 2025. The issue date will be on Thursday,
30 October 2025. Interest on the new bonds will be paid semiannually on 30 April and 30 October every year until maturity date on 30 October 2030.

Noteworthy, the 77th Government Development Bonds issue
is offered to all investors, residents and non-residents (irrespective of their
nationality). Investors may apply for these Bonds through the competitive
bidding process only and may submit bids through commercial licensed banks
operating in the Sultanate of Oman during the subscription period.

Furthermore, investors with applications of RO One
million and above may submit their bids directly to CBO, at their own
discretion, after getting them endorsed from their banks.

Interested investors may obtain MCD Investor Code through
visiting Muscat Clearing and Depository Co. (MCD)’s website (www.mcd.om) or via Oman
Stocks application at least one day prior to submitting the application to the
commercial bank.

Prospectus and application forms can be obtained through the
CBO’s website (www.cbo.gov.om)
and the MOF’s website (www.mof.gov.om)
or through their accounts on social media.

Notably, the Bonds are direct and unconditional
obligations of the Government of Sultanate of Oman, represented by the MOF. The
Bonds can be used as collateral to obtain loans from any local commercial
licensed banks and can also be traded at prevailing market rates through the
Muscat Stock Exchange (MSX). The details of the Bonds allotted will be recorded
in the register maintained by Muscat Clearing & Depositary Company (MCD).

Therefore, investors must provide the same bank account
details registered with MCD in order to ensure the smooth processing of their
bids and the receipt of the coupon payments and principal amount on their scheduled
dates.

— Ends/Khalid