CBO Announces Auction Results of 76th GDB Issue

CBO
Announces Auction Results of 76th GDB Issue

Muscat,
20 Aug (ONA) — The Central Bank of Oman (CBO) today announced the Auction
results of the 76th Government Development Bonds (GDB) issue worth RO 90
million.

According
to a media release issued by CBO’s Market Operations Department, the 76th GDB
Issue, which received overwhelming response from investors, has received
applications amounted RO 189,051,000.

The
average yield was 4.32 percent at an equivalent price of RO 100.135, while the
highest yield was 4.34 percent at an equivalent price of RO 100.045 and the
lowest was at 4.28 percent at an equivalent price of RO 100.310.

The
5-year Bond will be issued on Sunday 24 August 2025 and it will mature on 24 August
2030, carrying a coupon rate of 4.35 % p.a.

—Ends/AG