MUSCAT, OMAN – The Central Bank of Oman (CBO) has announced that the total issuance of Treasury Bills amounted to US$181 million (RO 70 million) this week.
According to the Oman News Agency (ONA), the value of the allotted Treasury Bills amounted to US$12.9 million (RO 5 million) for a maturity period of 28 days.
The average accepted price reached US$258.74 (RO 99.615) for every US$259.74 (RO 100), and the minimum accepted price arrived at US$258.74 (RO 99.615) per US$259.74 (RO 100).
The average discount rate and the average yield reached 5.01875 percent and 5.03815 percent, respectively.
ONA added that the value of the allotted Treasury Bills amounted to US$74 million (RO 28.6 million) for a maturity period of 91 days.
The average accepted price reached US$256.45 (RO 98.734) for every US$259.74 (RO 100), and the minimum accepted price arrived at US$256.38 (RO 98.705) per US$259.74 (RO 100).
The average discount rate and the average yield reached 5.07643 percent and 5.14151 percent, respectively.
The value of the allotted Treasury bills amounted to US$94.5 million (RO 36.4 million) for a maturity period of 182 days.
The average accepted price reached US$253.11 (RO 97.446) for every US$259.74 (RO 100), and the minimum accepted price arrived at US$253.06 (RO 97.430) per US$259.74 (RO 100).
The average discount rate and the average yield reached 5.12217 percent and 5.25643 percent, respectively.
Treasury Bills are short-term, highly secured financial instruments issued by the Ministry of Finance, and they provide licenced commercial banks the opportunity to invest their surplus funds.
CBO acts as the Issue Manager, providing the added advantage of ready liquidity through discounting and repurchase facilities (Repo).