Mubasher: The Central Bank of Oman (CBO) issued government development bonds (GDBs) worth OMR 100 million, issue number 48, for a maturity period of five years with a coupon rate of 3.5% per annum, according to a bourse filing.
The issue will be open for subscription from 7 to 14 February, while the auction will be held on 16 February.
Interest on the new bonds will be paid on 22 August and 22 February each year until maturity date on 22 February, 2021.
