Central Bank of Oman pumps OMR41mn from treasury bills

19 Jul 2017

(MENAFN) Oman issued OMR41mn from treasury bills, which are with a maturity period of 28 days, from July 19 to August 16, this year.

Additionally, the average accepted price reached 99.924 for each OMR100 and the minimum accepted price reached 99.920 per OMR100.

Moreover, the interest rate on the Repo operations with CBO is 1.728 percent for the period from July 18, 2017 to July 24, 2017.

Instruments pumped by the bank on behalf of the government, which supports the licensed commercial banks to invest their surplus funds.



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