CBO issues treasury bills worth OMR 8m

Mubasher: The Central Bank of Oman (CBO) issued a tender of government treasury bills, number 441, for a maturity period of 91 days, from 23 March to 22 June.

The total value of the allotted treasury bills worth OMR 8 million ($20.78 million).

The average accepted price reached 99.728 for each OMR 100 ($259.74), the minimum accepted price was 99.69 for each OMR 100 ($259.74), while the average discount rate and the average yield arrived at 1.09299% and 1.09602% respectively.

The interest rate on the Repo operations with CBO is 1% for the period from 22 March to 28 March, while the discount rate on the treasury bills discounting facility with CBO is 1.75% for the same period, according to a statement by the bank.

Mubasher Contribution Time: 23-Mar-2016 09:14 (GMT)