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Central Oman issues 20m Rials in treasury bills
The Central Bank of Oman issued government treasury bills with three different maturities, totaling a value of 20 million rials, aimed at providing short-term investment tools for commercial banks. The bills are divided into maturities of 28 days valued at 1.7 million rials, 91 days valued at 16.3 million rials, and 182 days valued at 3 million rials. The yields on the bills ranged between 3.26% and 3.93%, with a repo rate of 4.25%, and a discount rate with the Central Bank of 4.75%. This reflects the ongoing accommodative monetary policy stance in the Sultanate.
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