The Sultanate of Oman Issues 63 Million Riyals in Government Treasury Bills


The Sultanate of Oman Issues 63 Million Riyals in Government Treasury Bills

The Central Bank of Oman announced that the total value of government treasury bills allocated for this week amounted to 63 million Omani riyals. The bank explained that the value of the bills allocated for a maturity period of 28 days recorded an amount of 3 million Omani riyals, with an average acceptable price of 99.625, and the lowest acceptable price reached 99.625 per 100 Omani riyals, while the average discount rate was 4.88839 percent, and the average return was 4.90679 percent.

Additionally, the value of the bills allocated for a maturity period of 91 days amounted to 14.3 million Omani riyals, with an average acceptable price of 98,739 Omani riyals, and the lowest acceptable price reached 98,725 per 100 Omani riyals. The average discount rate for these bills was 5.05932 percent per year.

The Central Bank of Oman continues to manage the allocation of government treasury bills to ensure the stability and functioning of the financial market. By providing detailed information on the value and terms of these bills, the bank aims to promote transparency and accountability in its operations. The allocation of treasury bills plays a crucial role in managing the government’s finances and maintaining liquidity in the financial system. Investors and stakeholders can use this information to make informed decisions about their investments and financial planning.

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