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  • 04-07-19

    USD260m gov't bonds to float in Oman

    (MENAFN) Oman introduced USD260 million worth of government development bonds, as declared the Central Bank of Oman (CBO).

    CBO revealed that the IPO will have its window open July 9-18 with the government development bonds set for maturity duration of five years.

    In a statement, the Omani central bank further announced that the auction is scheduled for launch on July 21st.

    Bonds, the central bank added, are set for issuance July 23, and are to be payable January 23, 2024 at an annual interest rate of 5.25 percent.

    MENAFN0407201900450000ID1098722057

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