News Column

Oman : OMAN based bank issues tenders worth OMR696 mln

June 30, 2014

This week, certificates of deposit tender was held at the Central Bank of Oman (CBO). The total amount allocated for issue No. 873 was OMR696 million.

The average interest rate of these certificates was 0.13 per cent at the same time the highest accepted interest rate was 0.13 per cent.

The tenor of these certificates is 28 days, so their maturity date is on July 23. The Repo rate during June 25 till July 1 is one per cent.

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Source: TendersInfo (India)

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