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.
-
Artificial Intelligence6 days agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Highlights1 month agoOERLive: Top 10 Mathematical Problems AI Has Solved or Transformed
-
Magazines1 month agoOER Magazine July Edition 2026
-
Magazines1 month agoAl Mar’a Magazine July 2026
-
Banking & Finance2 months agoOman Housing Bank launches digital waiting list for housing loans
-
Alamaliktistaad Magazines1 month agoAlam Al-Iktisaad Magazine July 2026 Edition
-
Magazines1 month agoOER Magazine – June 2026 Edition
-
Banking & Finance1 month agoOman Arab Bank CEO Sulaiman Al Harthi Retires as Ali Al Mani Is Named Successor

You must be logged in to post a comment Login