Local

Bonds receive good response

MUSCAT: The results of the 54th issue of Sultanate of Oman Government Development Bonds are as follows: the total applied for (competitive bids only) stood at RO 260,904,800 whereas the total allotted stood at RO 150 million, according to the bulletin released by the Central Bank of Oman (CBO). The CBO bulletin added that the accepted average yield stood at 5.44 per cent as its price stood at RO 102.365 whereas the maximum yield stood at 5.59 per cent as its price equivalent to RO 101.215. — ONA