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البنــك المركــــزي العمـــاني Central Bank of Oman
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CBO Announces Auction Results of 59th GDB Issue12/16/2018 8:00:00 PMCBO Announces Auction Results of 59th GDB IssueThe Central Bank of Oman on Monday, 17th December, 2018 announced the auction results of the 59th Government Development Bonds (GDB) issue worth RO 100 million. <p style="text-align:justify;"><span class="ms-rteFontSize-3">The Central Bank of Oman on Monday, 17th December, 2018 announced the auction results of the 59th Government Development Bonds (GDB) issue worth RO 100 million. </span></p><p style="text-align:justify;"><span class="ms-rteFontSize-3"></span><span class="ms-rteFontSize-3">According to a media release issued by CBO's Monetary Operations Department, the 59th GDB Issue, which received overwhelming response from investors, has received applications in excess of over RO 55.6967 million at RO 155. 6967 million as against the Issue value of RO 100 million.</span></p><p style="text-align:justify;"><span class="ms-rteFontSize-3"></span><span class="ms-rteFontSize-3">The average yield was 4.91 percent at price equivalent of RO 100.395, while the highest accepted yield was 5.02 percent at a price equivalent of RO 99.910 and the lowest was at 2.99 percent at a price equivalent of RO 109.275.</span></p><p style="text-align:justify;"><span class="ms-rteFontSize-3"></span><span class="ms-rteFontSize-3">The 5-year Bond will be issued on Tuesday, 18th December 2018, and will mature on 18th December 2023, carrying a coupon rate of 5 % p.a.</span></p><p style="text-align:justify;"><span class="ms-rteFontSize-3">The issue was open for subscription between 4th December 2018 and 13th December 2018. <a href="https://cbo.gov.om/Pages/GDB59.aspx">For full text</a> of the result, please visit the Money Market Operations section of the website and look for Government Development Bonds.</span></p>0x010100C568DB52D9D0A14D9B2FDCC96666E9F2007948130EC3DB064584E219954237AF3900075E4FF44B3F64489802BE694C5C6FB701001A1EADFFD0CD66409B1A45E335F4666A