Latest news with #GovernmentDevelopmentBonds
Times of Oman
18 hours ago
- Business
- Times of Oman
CBO announces auction results of 76th GDB issue
Muscat: The Central Bank of Oman (CBO) on Wednesday announced the Auction results of the 76th Government Development Bonds (GDB) issue worth OMR90 million. According to a media release issued by CBO's Market Operations Department, the 76th GDB Issue, which received overwhelming response from investors, has received applications amounted OMR189,051,000. The average yield was 4.32 percent at an equivalent price of OMR100.135, while the highest yield was 4.34 percent at an equivalent price of OMR100.045 and the lowest was at 4.28 percent at an equivalent price of OMR100.310. The 5-year Bond will be issued on Sunday 24 August 2025 and it will mature on 24 August 2030, carrying a coupon rate of 4.35 % p.a.
Observer
13-08-2025
- Business
- Observer
Oman offers RO 75 million development bonds for subscription
MUSCAT: The Central Bank of Oman (CBO), acting on behalf of the Ministry of Finance, has announced the launch of Issue No. 76 of Government Development Bonds, worth RO 75 million, with the option to increase by up to RO 15 million. The bonds carry a five-year maturity and a 4.35% annual coupon rate. Bidding opened on August 13 and will close on August 19, 2025, with the competitive auction set for August 20. Settlement will take place on August 24, and interest will be paid semi-annually on February 24 and August 24 until maturity on August 24, 2030. The offer is open to investors of all nationalities, both in and outside Oman, via competitive bidding only. Applications must be submitted through commercial banks. Non-banking institutions and individuals may also participate directly if subscribing for RO 1 million or more, subject to bank approval. Prospective investors must obtain an investor number from the Muscat Clearing and Depository Company's website ( or the 'Oman Shares' app at least one day before applying. Prospectuses and subscription forms are available on the CBO and Ministry of Finance websites and social media channels. The bonds carry the full, unconditional guarantee of the Government of Oman, can be used as collateral with licensed banks, and are tradable on the Muscat Stock Exchange at prevailing market prices. All allocations will be recorded in the official bond registry maintained by the Muscat Clearing and Depository Company. — ONA
Zawya
13-08-2025
- Business
- Zawya
Oman launches new $195mln development bond issue
Muscat – The Central Bank of Oman (CBO), acting on behalf of the government of the sultanate, on Tuesday announced the launch of the 76th Government Development Bonds issue, valued at minimum RO75mn. In a statement, the CBO said that the size of the new bonds issue is set at RO75mn, with a green shoe option of up to RO15mn. The bonds will have a maturity period of five years and carry an annual coupon rate of 4.35%. Subscriptions will be open from August 13 to August 19, 2025, with the auction scheduled for Wednesday, August 20, 2025. The issue date is set for August 24, 2025. Interest on the bonds will be paid semi-annually on February 24 and August 24 each year, until the maturity date on August 24, 2030. The 76th Government Development Bonds issue is open to all investors – residents and non-residents alike – regardless of nationality. Applications may be made only through the competitive bidding process, via commercial licensed banks operating in Oman during the subscription period. Investors applying for RO1mn or more may submit their bids directly to the CBO, after securing endorsement from their banks. Government Development Bonds are direct and unconditional obligations of the Government of the Sultanate of Oman, represented by the Ministry of Finance. They may be used as collateral to obtain loans from any local commercial licensed bank and can also be traded at prevailing market rates on the Muscat Stock Exchange (MSX). Allotment details will be recorded in the register maintained by the Muscat Clearing & Depository Company (MCD). Investors must therefore ensure that the bank account details provided match those registered with MCD, in order to facilitate the smooth processing of bids and timely payment of coupons and principal. The 76th Government Development Bonds issuance forms part of the government's broader plan to raise RO750mn from the domestic debt market in 2025, as outlined in the Ministry of Finance's budget guidance. The planned issuances will help meet financing requirements, including a projected budget deficit and debt servicing obligations. For 2025, the government intends to issue total eight tranches of development bonds totalling RO550mn, in addition to two sovereign sukuk offerings with a combined value of RO200mn. According to the 2025 state budget, total financing requirements are projected at RO2.454bn. This includes a budget deficit of RO620mn and RO1.834bn for debt servicing. The government plans to meet these needs through a combination of local borrowing (RO750mn), external borrowing (RO1.304bn), and withdrawals from reserves (RO400mn). © Apex Press and Publishing Provided by SyndiGate Media Inc. (
Muscat Daily
12-08-2025
- Business
- Muscat Daily
Oman launches new RO75mn development bond issue
Muscat – The Central Bank of Oman (CBO), acting on behalf of the government of the sultanate, on Tuesday announced the launch of the 76th Government Development Bonds issue, valued at minimum RO75mn. In a statement, the CBO said that the size of the new bonds issue is set at RO75mn, with a green shoe option of up to RO15mn. The bonds will have a maturity period of five years and carry an annual coupon rate of 4.35%. Subscriptions will be open from August 13 to August 19, 2025, with the auction scheduled for Wednesday, August 20, 2025. The issue date is set for August 24, 2025. Interest on the bonds will be paid semi-annually on February 24 and August 24 each year, until the maturity date on August 24, 2030. The 76th Government Development Bonds issue is open to all investors – residents and non-residents alike – regardless of nationality. Applications may be made only through the competitive bidding process, via commercial licensed banks operating in Oman during the subscription period. Investors applying for RO1mn or more may submit their bids directly to the CBO, after securing endorsement from their banks. Government Development Bonds are direct and unconditional obligations of the Government of the Sultanate of Oman, represented by the Ministry of Finance. They may be used as collateral to obtain loans from any local commercial licensed bank and can also be traded at prevailing market rates on the Muscat Stock Exchange (MSX). Allotment details will be recorded in the register maintained by the Muscat Clearing & Depository Company (MCD). Investors must therefore ensure that the bank account details provided match those registered with MCD, in order to facilitate the smooth processing of bids and timely payment of coupons and principal. The 76th Government Development Bonds issuance forms part of the government's broader plan to raise RO750mn from the domestic debt market in 2025, as outlined in the Ministry of Finance's budget guidance. The planned issuances will help meet financing requirements, including a projected budget deficit and debt servicing obligations. For 2025, the government intends to issue total eight tranches of development bonds totalling RO550mn, in addition to two sovereign sukuk offerings with a combined value of RO200mn. According to the 2025 state budget, total financing requirements are projected at RO2.454bn. This includes a budget deficit of RO620mn and RO1.834bn for debt servicing. The government plans to meet these needs through a combination of local borrowing (RO750mn), external borrowing (RO1.304bn), and withdrawals from reserves (RO400mn).
Times of Oman
12-08-2025
- Business
- Times of Oman
CBO announces 76th issue of Government Development Bonds via auction
Muscat: On behalf of the Government of Sultanate of Oman, represented by the Ministry of Finance, the Central Bank of Oman (CBO) announced the new issue of Government Development Bonds (GDBs). The size of the new issue is OMR75 million, with green shoe option (not exceeding 15 million), with a maturity period of 5 years and will carry a coupon rate of 4.35% per annum. The issue will be open for subscription from 13 August to 19 August, 2025 while the auction will be held on Wednesday, 20 August 2025. The issue date will be on Sunday 24 August, 2025. Interest on the new bonds will be paid semiannually on 24 February and 24 August, every year until maturity date on 24 August 2030. Noteworthy, the 76th Government Development Bonds issue is offered to all investors, residents and non-residents (irrespective of their nationality). Investors may apply for these Bonds through the competitive bidding process only and may submit bids through commercial licensed banks operating in the Sultanate of Oman during the subscription period. Furthermore, investors with applications of OMR1 million and above may submit their bids directly to CBO, at their own discretion, after getting them endorsed from their banks. Notably, the Bonds are direct and unconditional obligations of the Government of Sultanate of Oman, represented by the Ministry of Finance. The Bonds can be used as collateral to obtain loans from any local commercial licensed banks and can also be traded at prevailing market rates through the Muscat Stock Exchange (MSX). The details of the Bonds allotted will be recorded in the register maintained by Muscat Clearing & Depositary Company.
