Central Bank of Oman announces auction results of 69th GDB issue

MUSCAT : According to a media release issued by CBO’s Market Operations Department, the 69th GDB Issue, which received overwhelming response from investors, has received applications (bids) amounting RO 231,719,200.

The average yield was 4.94 percent at an equivalent price of RO 99.890, while the highest yield was 5.20 percent at an equivalent price of RO 99.175 and the lowest was at 4.00 percent at an equivalent price of RO 102.520.

The 3-years Bond will be issued on Tuesday, February 27, 2024 and it will mature on February 27, 2027, carrying a coupon rate of 4.90 percent per annum.

For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.

The post Central Bank of Oman announces auction results of 69th GDB issue appeared first on The Arabian Stories News.

Leave a Reply

Your email address will not be published. Required fields are marked *

× Contact us for news, article submissions, and SEO services.