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FINANCIAL NEWS
Oman pumps OMR32.7mn worth treasury bills
08 Feb 2017
(MENAFN) The whole value of the allocated Treasury bills in Oman reached OMR32.77mn, for a period of 91 days, from Feb 8 until May 10, 2017.
Moreover, the average accepted price hit 99.743 for every OMR100, while the minimum accepted price arrived at 99.740 per OMR100.
Additionally, the interest rate on the Repo ops with Central Bank of Oman is 1.275 percent, whereas the discount rate on the Treasury Bills Discounting Facility is 2.025 percent.
Meanwhile, the bills promote the regional money market by making a benchmark yield curve for short-term interest rates.
MENAFN0802201700450000ID1095241123
MENAFN0802201700450000ID1095241123
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