CBO Issues Treasury Bills Worth RO 30 Million

Muscat, Central Bank of Oman (CBO) allotted Treasury bills amounted to Omani Riyal (RO) 30 Million, for a maturity period of 91 days, from 28 December 2016 until 29 March 2017.

According to a statement issued by CBO, the average accepted price reached 99.777 for every RO 100, while the minimum accepted price arrived at 99.750 per RO 100. Whereas the average discount rate and the average yield reached 0.89579% and 0.89781%, respectively.

The statement noted that the interest rate on the Repo operations with CBO is 1.261% for the period from 27/12/2016 to 02/01/2017, while the discount rate on the Treasury Bills Discounting Facility with CBO is 2.011%, for the same period.

Source: Qatar News Agency