Please wait...
GulfBase Live Support
- Bahrain All Share Index, Islamic Index close lower
- NIC partners with ZainTECH, marks a major milestone in digital transformation journey
- Boursa Kuwait marks key milestone in Capital Market Development Program
- EU blindsided by latest Trump tariff ultimatum
- Nesma & Partners buys Saudi group Al Yusr Industrial Contracting
- Saudi Arabia drives GCC IPO market in H1; nets $3.4bn in proceeds
- Oman's central bank issues treasury bills worth OMR10.25 million
- Oman, Türkiye sign pact on cooperation in energy sector
- Oman Flour Mills invests more than OMR6mn in local wheat procurement
- Saudi Arabia Emerges as Global Hub for Billion-Dollar Startups
Oman's central bank issues treasury bills worth OMR10.25 million
15/07/2025 05:08 AST
Oman's central bank has issued treasury bills worth OMR10.25 million on Monday.
The value of the allotted Treasury bills amounted to OMR10.25 million, for a maturity period of 91 days. The average accepted price reached OMR98.941 for every OMR100, and the minimum accepted price arrived at OMR98.930 per OMR100. The average discount rate and the average yield reached 4.24871% and 4.29421%, respectively.
Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman (CBO) acts as the Issue Manager and provides the added advantage of ready liquidity through discounting and repurchase facilities (Repo).
It may be noted that the interest rate on the Repo operations with CBO is 5.00% while the discount rate on the Treasury Bills Discounting Facility with CBO is 5.50%.
Furthermore, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government may also resort to this instrument whenever felt necessary for financing its recurrent expenditures.
Times of Oman
| Ticker | Price | Volume |
|---|
15/07/2025
Nesma & Partners, a leading integrated projects solutions company in Saudi Arabia, has announced the successful completion of its acquisition of Al Yusr Industrial Contracting Company (AYTB), a promi
Trade Arabia
15/07/2025
The Sultanate of Oman on Monday signed a memorandum of understanding (MoU) with the Republic of Türkiye on consolidating partnership, technical cooperation and investment in the energy sector.
ONA
15/07/2025
Saudi Arabia is rapidly establishing itself as a global center for billion-dollar startups, known as "unicorns," by cultivating an innovation-driven environment. These high-growth companies - private
Saudi Gazette
15/07/2025
The Abu Dhabi investment firm Mubadala is putting in more funds into US-based PCI Pharma services, a leading player in contract manufacturing of biotherapies.
The Mubadala investment is part
Gulfnews
15/07/2025
The UAE's Ministry of Energy and Infrastructure has announced a new project to upgrade Emirates Road with a budget of Dh750 million. The 25-km project from Al Badi intersection to Umm Al Quwain Emira
Khaleej Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia