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البنــك المركــــزي العمـــاني Central Bank of Oman
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CBO Announces Auction Results of 58th GDB Issue9/23/2018 8:00:00 PMCBO Announces Auction Results of 58th GDB Issue​The Central Bank of Oman on Sunday, 23rd September, 2018 announced the auction results of the 58th Government Development Bonds (GDB) issue worth RO 150 million. <p style="text-align:justify;">​The Central Bank of Oman on Sunday, 23<sup>rd</sup> September, 2018 announced the auction results of the 58th Government Development Bonds (GDB) issue worth RO 150 million. </p><p style="text-align:justify;">According to a media release issued by CBO's Monetary Operations Department, the 58th GDB Issue which received overwhelming response from investors, has received applications in excess of over RO 82.820 million at RO 232.820 million as against the Issue value of RO 150 million.</p><p style="text-align:justify;">The average yield was 5.49 percent at price equivalent of RO 101.495, while the highest yield was 5.67 percent at a price equivalent of RO 100.455 and the lowest was at 5.15 percent at a price equivalent of RO 103.490.</p><p style="text-align:justify;">The 7-year Bond will be issued on Tuesday, 25<sup>th</sup> September 2018, and will mature on 25<sup>th</sup> September 2025, carrying a coupon rate of 5.75 % p.a.</p><p style="text-align:justify;">The issue was open for subscription between 11<sup>th</sup> September 2018 and 20<sup>th</sup> September 2018. For<span style="text-decoration:underline;"> </span><a href="https://cbo.gov.om/Pages/GDB58.aspx" style="text-decoration:underline;"><span class="ms-rteThemeForeColor-5-5" style="text-decoration:underline;">full text of the result,</span></a><span class="ms-rteThemeForeColor-5-5"> </span>please visit the Money Market Operations section of the website and look for Government Development Bonds.</p>0x010100C568DB52D9D0A14D9B2FDCC96666E9F2007948130EC3DB064584E219954237AF3900075E4FF44B3F64489802BE694C5C6FB701001A1EADFFD0CD66409B1A45E335F4666A