Mubasher: The Central Bank of Oman (CBO) announced that the issue No.48 of government development bonds registered OMR100 million subscriptions.
The average accepted yield and price was 4.32% at OMR96.345, while the highest yield reached 5% at OMR93.430 and the lowest was 2.90% at OMR102.775, according to CBO.
CBO earlier declared that the bond issue would be open for subscription from the 7 to the 14 February, while the auction was held on 16 February.
The accrued interests will be annually paid twice on 22 August and 22 February up till 22 February, 2021, the bank said, adding that “The current issue will carry a coupon rate of 3.5% per annum”.
