Banking & Finance
CBO raises OMR72 million from treasury bills

Oman’s central bank raised OMR72 million from treasury bill auction. The treasury bills has a maturity period of 28 days, from November 1 until November 29, 2017. The average accepted price reached 99.923 for every OMR100, and the minimum accepted price arrived at 99.920 per OMR100. The average discount rate and the average yield reached 1.00936 per cent and 1.01015 per cent, respectively.
The interest rate on the Repo operations with CBO is 1.742 per cent for the period from October 31 to November 6, while the discount rate on the Treasury Bills Discounting Facility with CBO is 2.492 per cent for the same period.
Treasury Bills are short-term highly secured financial instruments issued by the CBO on behalf of the Government, which helps the licensed commercial banks to gainfully invest their surplus funds, with added advantage of ready liquidity through discounting and repurchase facilities (Repo) offered by the CBO.
-
News2 months ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
OER Magazines1 month ago
OER, April 25
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, April 25
-
Renewables3 weeks ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Banking & Finance2 months ago
Bank Nizwa Signs MoU with Ministry of Endowments and Religious Affairs to Enhance Endowment Management & Islamic Finance Frameworks
-
News2 months ago
Oman Signs Historic Agreement to Establish World’s First Liquid Hydrogen Corridor to Europe
-
Banking & Finance1 month ago
How Bank Muscat is Pioneering Digital Solutions to Empower Customers
-
Renewables1 month ago
Sembcorp’s 588MW Solar Power Plant In Oman Begins Commercial Operation
You must be logged in to post a comment Login