GulfBase Live Support
Leave a message and our representative will contact you soon
14/10/2025 05:26 AST
Oman's central bank raised OMR9.25 million by way of allotting treasury bills on Monday.
The treasury bills are for a maturity period of 91 days. The average accepted price reached OMR99.055 for every OMR100 and the minimum accepted price arrived at OMR99.050 per OMR100. The average discount rate and the average yield reached 3.78876% and 3.82489%, 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 4.75% while the discount rate on the treasury bills Discounting Facility with CBO is 5.25%.
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 |
---|
14/10/2025
OQ Alternative Energy (OQAE), a subsidiary of OQ, has announced the launch of Oman's first large-scale SuperESCO project aimed at enhancing energy efficiency and supporting the country's Net Zero 205
Muscat Daily
14/10/2025
The Development Bank has announced that its loan portfolio for small enterprises has exceeded RO100mn by the end of September 2025. The bank has financed more than 20,000 small projects across produc
Muscat Daily
14/10/2025
The Kuwait Oil Company said on Monday that it had made a "major" discovery of a new offshore natural gas field projected to have around one trillion cubic feet of gas.
The subsidiary of the
Asharq Al Awsat
14/10/2025
Oman Development Bank has financed more than 20,000 small projects across the country, with total lending surpassing 100 million Omani rials ($260 million) by the end of September, it has been reveal
Arab News
14/10/2025
Saudi Arabia led the Gulf Cooperation Council's projects market in the third quarter of 2025 with $28.1 billion in contract awards, a new report showed.
According to Kamco Invest, this r
Arab News