Banking & Finance
Central bank raises OMR63m through treasury bills

Oman’s central bank raised OMR62.81 million by way of a treasury bill. The treasury bill has a maturity period of 91days, from October 18 to January 17, 2018. The average
accepted price reached 99.711 for every OMR100 while the minimum accepted price arrived at 99.705 per OMR100. The average discount rate and the average yield reached 1.15852 per cent and 1.1619 per cent
respectively. The interest rate on the Repo operations with CBO is 1.737 per cent for the period from October 17 to October 23, while the discount rate on the Treasury Bills Discounting Facility with CBO is 2.487% for the same period.
added advantage of ready liquidity through discounting and repurchase facilities (Repo) offered by the Central Bank.
Further, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government (MOF) may also resort to this instrument
whenever felt necessary for financing its recurrent expenditures.
-
OER Magazines2 months ago
Dossier – ToP 25 Personalities 2025
-
Dossier2 months ago
Arabic Dossier – ToP 25 Personalities 2025
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, August 25
-
OER Magazines2 months ago
OER, August 2025
-
News2 months ago
xAI Open-Sources Grok 2.5, Signaling Accelerated AI Push
-
Entertainment2 months ago
Here’s a Complete Overview of the 2025/2026 Season at the Royal Opera House Muscat
-
News2 months ago
Sultan Center Unveils Flagship Al Hail Store, Elevating Premium Retail Experience in Oman
-
News2 months ago
HONOR, in partnership with MHD-ITICS Debuts at COMEX in Muscat, Expanding Its Presence in the GCC
You must be logged in to post a comment Login