Oman Observer, 27 June 2024: The Central Bank of Oman (CBO) has announced announced the issuance of the 71st series of government development bonds worth OMR 100 million, with a five-year maturity andan annual interest rate of 5.1%.

CBO has stated that the subscription will open on 1 July 2024, and close on 11 July 2024.

The auction will be held on 14 July 2024, and bonds will be issued on 16 July 2024.

Interest will be paid biannually on 16 January 2024 and 16 July 2024 until maturity on 16 July 2029.

Bidding will be open to all categories of investors, both within and outside Oman, regardless of nationality.

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