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FINANCIAL NEWS
Oman treasury bills worth USD2.3mn
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.
More News
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
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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