22 May 2017
(MENAFN) Oman to be borrowing money it needs in advance of spending it in order to take advantage of market situations and prevent investors worrying about its ability to fund itself.
Therefore, the government is projected to offer this week almost USD2bn of Islamic bonds, its first public offer of sukuk in the global market.
Meanwhile, the Sultanate will hold a global call with fixed income investors, a seven-year sukuk issue is projected and a 12-year tranche might also be considered.
The Sultanate’s USD1bn five-year conventional notes issued in March yield almost 3.75 percent, whereas its USD2bn of 10-year conventional paper yield 5 percent.
MENAFN2205201700450000ID1095498696
MENAFN2205201700450000ID1095498696
05 Nov 2025
BBK partners with ARRAY to launch Innovation Center, hiring Bahraini software engineers to accelerate digital transformation
04 Nov 2025
On the sidelines of Gateway Gulf 2025, BBK signs landmark MoU with Binance for first-of-its-kind Crypto-as-a-service integration in the GCC
04 Nov 2025
On the sidelines of Gateway Gulf 2025, BBK partners with Panmure Liberum to enhance investment banking capabilities in the Kingdom of Bahrain and the GCC
30 Oct 2025
BBK discloses its financial results for the period ended 30th September 2025
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more