Central Bank of Oman issues RO59mn treasury bills

Muscat - 

A tender of government treasury bills (issue No 490) was held at the Central Bank of Oman (CBO) this week. Total value of allotted treasury bills amounted to RO59mn, for a maturity period of 91 days from today until July 24.

Average accepted price reached RO99.368 for every RO100 bill while the minimum accepted price arrived at RO99.355. Average discount rate and average yield reached 2.533 per cent and 2.5491 per cent, respectively.

Interest rate on the repo operations with the CBO is 2.981 per cent for the period from April 23 to April 29 while discount rate on treasury bills discounting facility with CBO is 3.731 per cent for the same period.

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