The Central Bank of Oman announced announced the issuance of the 71st series of government development bonds worth OMR 100 million, with a five-year maturity and an annual interest rate of 5.1 per cent yesterday June 27.
According to CBO, subscription will open on July 1, 2024, and close on July 11, 2024. The auction will be held on July 14, and bonds will be issued on July 16. Interest will be paid biannually on January 16 and July 16 until maturity on July 16, 2029.
Bidding will be open to all categories of investors, both within and outside the Sultanate of Oman, regardless of nationality.
Oman Observer is now on the WhatsApp channel. Click here
