FINANCIAL NEWS

Central Bank of Oman raises OMR35mn from treasury bills

23 Aug 2017

(MENAFN) Oman’s Central Bank floated a tender for Treasury Bills in order to raise OMR35mn, which have a maturity period of 91 days.

Furthermore, the average accepted price hit 99.705 for every OMR100, whereas the minimum accepted price reached 99.705 per OMR100.

In addition, the interest rate on the Repo operations with Central Bank of Oman is 1.736 percent for the period from August 22 to 28.

The Treasury Bills are short-term highly secured financial instruments issued by the bank on behalf the Government.

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MENAFN2308201700450000ID1095761433

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