الأحد 14/07/2024
CBO Announces Auction Results of 71th GDB Issue
The
Central Bank of Oman on Sunday 14th July 2024, announced the auction
results of the 71st Government Development Bonds (GDB) issue worth
RO 100,000,000.
According to a media release
issued by CBO’s Market Operations Department, the 71st GDB Issue,
which received overwhelming response from investors, has received applications amounted
RO 226,843,000.
The average yield was 5.10
percent at an equivalent price of RO 100.000, while the highest yield was 5.12
percent at an equivalent price of RO 99.910 and the lowest was at 5.05 percent
at an equivalent price of RO 100.220.
The 5-year Bond will be
issued on Tuesday, 16th July 2024 and it will mature on 16th
July 2029, carrying a coupon rate of 5.10 % p.a.