Oman Central Bank Issues Treasury Bills Worth OR 33 Million

Muscat, Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 33 million. In a statement on Monday, OCB explained that the value of the bills allocated for a maturity period of 28 days recorded OR 8 million, with an average acceptable price of OR 99.645, and the lowest acceptable price reached 99.645 per OR 100, while the average discount rate was 4.62768 percent, and the average return was 4.64417 percent. It added that the value of the bills allocated for a maturity period of 91 days amounted to OR 25 million, with an average acceptable price of OR 98,747, and the lowest acceptable price reached 98,730 per OR 100, while the average discount rate was 5.02657 percent, and the average return was 5.09037 percent. The statement indicated that the interest rate on repurchase operations with the OCB (repo) on these bills is 6.00 percent, while the discount rate with the Central Bank on treasury bill facilities is 6.50 percent. Source: Qa tar News Agency