24 Hrs
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الشبيبة
Oman Announces 14.5M Riyals Treasury Bill Issuance
The Central Bank of Oman announced the issuance of Treasury bills totaling 26.9 million Omani riyals for this week, emphasizing that the deadline for exchanging old banknotes will be without claims once it expires. Additionally, the central bank raised the interest rate to 4.5%, a move that could raise concerns about potential negative impacts on the economy. Furthermore, the Sultanate of Oman introduced new Treasury bills worth 14.5 million riyals aimed at attracting high-quality investments and capital from international sources, amid Gulf efforts to enhance investment cooperation.
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