Tender Results
of Government Treasury Bills Worth RO 53.05 Million
Issued

Muscat, 17 Mar (ONA) — The total issuance of Government Treasury
Bills amounted this week to RO 53.05 million. The value of the allotted
Treasury bills amounted to RO 0.15 million, for a maturity period of 28 days.

The average accepted price reached RO 99.700 for every RO 100, and
the minimum accepted price arrived at RO 99.700 per RO 100. The average
discount rate and the average yield reached 3.91071% and 3.92248%,
respectively.

The value of the allotted Treasury bills amounted to RO 36.4 million,
for a maturity period of 91 days. The average accepted price reached RO 98.975
for every RO 100, and the minimum accepted price arrived at RO 98.970 per RO
100. The average discount rate and the average yield reached 4.11314% and 4.15575%,
respectively.

The value of the allotted Treasury bills amounted to RO 16.5 million,
for a maturity period of 182 days. The average accepted price reached RO 97.845
for every RO 100, and the minimum accepted price arrived at RO 97.840 per RO
100. The average discount rate and the average yield reached 4.32214% and 4.41735%,
respectively.

Treasury Bills are short-term highly secured financial instruments
issued by the Ministry of Finance, and they provide licensed commercial banks
the opportunity to invest their surplus funds. The Central Bank of Oman (CBO)
acts as the Issue Manager and provides theadded advantage of ready
liquidity through discounting and repurchase facilities (Repo).

It may be noted that the interest rate on the Repo operations with
CBO is 5.00% while the discount rate on the Treasury Bills Discounting Facility
with CBO is 5.50%.

Furthermore, Treasury Bills promote the local money market by
creating a benchmark yield curve for short-term interest rates. Additionally,
the Government may also resort to this instrument whenever felt necessary for
financing its recurrent expenditures.

— Ends/Khalid