Oman Central Bank Releases 14M Rials in Treasury Bills
The Central Bank of Oman issued Treasury bills totaling an amount of 14 million Omani riyals during this week. The bills with a 91-day maturity amounted to 9 million riyals, with an average accepted price of 99.053 riyals, a discount rate of 3.79930%, and a yield of 3.83563%. The bills with a 182-day maturity totaled 5 million riyals, with an average accepted price of 98.069 riyals, a discount rate of 3.87361%, and a yield of 3.94991%. The interest rate on repo operations is 4.25%, and the discount rate for bill facilitation is 4.75%, in a step to boost financial liquidity in the Sultanate of Oman.
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