Skip Ribbon Commands
Skip to main content
  • ع

 

 

Tender Results issue number 537 of Government Treasury Bills worth RO 60 Million issued5/10/2021 8:00:00 PMTender Results issue number 537 of Government Treasury Bills worth RO 60 Million issuedA tender of Government Treasury Bills, issue number 537, worth RO 60 Million was announced this week.<p style="text-align:justify;">A tender of Government Treasury Bills, issue number 537, worth RO 60 Million was announced this week.</p><p style="text-align:justify;">Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman acts as the Issue Manager and provides the added advantage of ready liquidity through discounting and repurchase facilities (Repo). </p><p style="text-align:justify;">The results of the said issue are as follows: </p><p style="text-align:justify;">The total value of the allotted Treasury bills amounted to RO 60 million, for a maturity period of 91 days, from 12<sup>th </sup>May 2021 until 11<sup>th</sup> August 2021. The average accepted price reached 99.802 for every RO 100, and the minimum accepted price arrived at 99.800 per RO 100. </p><p style="text-align:justify;">The average discount rate and the average yield reached 0.79551% and 0.79709%, respectively.</p><p style="text-align:justify;">It may be noted that the interest rate on the Repo operations with CBO is 0.5% while the discount rate on the Treasury Bills Discounting Facility with CBO is 0.75%.</p><p style="text-align:justify;">Furthermore, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government may also resort to this instrument whenever felt necessary for financing its recurrent expenditures.</p><p style="text-align:justify;"> </p>0x010100C568DB52D9D0A14D9B2FDCC96666E9F2007948130EC3DB064584E219954237AF3900075E4FF44B3F64489802BE694C5C6FB70300A9BCF8A0432A87429120A5B0A0EDBFF9

Interested to buy commemorative coins, banknotes, a Banking Law book, and/or many other things that are on sale by CBO? Please follow the ‘Available for Purchase’ link to know what is up for sale.