10 hours ago
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.
