FINANCIAL NEWS

Oman’s CBO issues OMR60mn from treasury bills

27 Sep 2017

(MENAFN) Oman’s central bank raised OMR60mn from treasury bills, which were for a maturity period of 182 days.

Moreover, the average accepted price reached 99.348 for every OMR100, whereas the minimum confirmed price reached 99.335 per OMR100.

Additionally, the Treasury Bills are short-term highly secured financial instruments issued by the bank on behalf of the Government to help the licensed commercial banks to invest their surplus funds.

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MENAFN2709201700450000ID1095900842

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