CBO Announces Auction Results of 69 GDB Issue

​The Central Bank of Oman on Sunday 25^th, 2024, announced the auction results of the 69^thGovernment Development Bonds (GDB) issue worth RO 100,000,000.

According to a media release issued by CBO's Market Operations Department, the 69^th GDB Issue, which received overwhelming response from investors, has received applications amounted RO 231,719,200.

The average yield was 4.94 percent at an equivalent price of RO 99.890, while the highest yield was 5.20 percent at an equivalent price of RO 99.175 and the lowest was at 4.00 percent at an equivalent price of RO 102.520.

The 3-years Bond will be issued on Tuesday, 27^th February 2024 and it will mature on 27^th February 2027, carrying a coupon rate of 4.90 % p.a.