20 Jul 2016
(MENAFN) Oman has issued treasury bills worth USD2.3mn this year, while the average accepted price reached 99.959 for every USD258.83mn.
The treasury bills will help the licensed commercial banks to gainfully invest their surplus funds, with added advantage of ready liquidity through discounting facilities.
Moreover, the treasury bills promote the regional money market by making a benchmark yield curve for short-term interest rates.
In addition, the interest rate on the repo operations is 1 percent for the period between July 19 and 25, while the discount rate on the treasury bills discounting is 1.75 percent.
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
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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