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By: ONA Muscat: Oman’s central bank has announced issue of government development bonds to the tune of OMR100 million. The issue, which will have a maturity of 3 years, will carry a coupon rate of of 4.756 per cent per annum.  The issue will open for subscription between January 9 to 10, 2021 while the auction will be held on January 18, 2021. The issue settlement date will be on January 20, 2021. Interest on the new bonds will be paid semiannually on July 20 and January 20, every year until maturity date on January 20, 2024. Investors can apply for these bonds through the competitive bidding process. Investors can submit bids through commercial licensed banks operating in the Sultanate. Investors with applications of OMR1 million and above can submit their bids directly to CBO after getting them endorsed from their banks. Prospectus and application forms can be obtained from any commercial licensed bank operating in the Sultanate, or through the CBO’s official website.

Muscat securities marketMuscat clearingDepositary companyமஸ்கட் பத்திரங்கள் சந்தைமஸ்கட் அழித்தல்