16 Days
Source:
الوطن
Government issues 48.6M Omani riyal bonds
The total issuance of government treasury bills in the Sultanate of Oman for this week amounted to 48 million Omani rials, divided across different maturity periods: 20 million rials for 28 days with an average price of approximately 99.705 rials per 100 rials, and 28 million rials for 91 days with an average price of around 98.965 rials per 100 rials. Discount rates range between 3.845% and 4.151%, with yields ranging from 3.856% to 4.197%. Treasury bills are used as a short-term financing source backed by the government, offering banks high flexibility in liquidity management and mobilization. They are also considered an indicator of short-term interest rates in the local market.
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