Government Bonds Issue 84 Results
The Central Bank of Oman announced the results of the 84th Government Development Bond issuance auction, which attracted strong investor interest with a total demand of 164.37 million Omani rials, while 100 million rials were allocated. The average accepted yield on the bonds was 4.48%, with a price-to-yield rate of 120 baisa per 100 rials. The maximum acceptable yield was 4.50%, and the minimum yield reached 4%. The bonds will be issued today, Tuesday, August 25th, with a maturity date of August 25th, 2033, and an annual coupon rate of 4.50%.
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