CBO Announces Auction Results of 74th GDB Issue

Muscat, 29 Apr (ONA) —— The Central Bank of Oman (CBO) today announced the Auction results of the 74th Government Development Bonds (GDB) issue worth RO 100,000,000.

According to a media release issued by CBO’s Market Operations Department, the 74th GDB Issue, which received overwhelming response from investors, has received applications amounted RO 235,580,100.

The average yield was 4.49 percent at an equivalent price of RO 100.490, while the highest yield was 4.55percent at an equivalent price of RO 100.220 and the lowest was at 4.40 percent at an equivalent price of RO 100.890.

The 5-year Bond will be issued on Thursday, 1 May 2025 and it will mature on 1 May 2030, carrying a coupon rate of 4.60 % p.a.

—— Ends/AH