Monday 15 / September / 2025
Muscat: Oman’s central bank raised OMR176.050 million by way of allotting treasury bills on Monday.
The value of the bills is for a maturity period of 91 days. The average accepted price reached OMR98.980 for every OMR100, and the minimum accepted price arrived at OMR98.970 per OMR100. The average discount rate and the average yield reached 4.08993% and 4.13206%, respectively.
Additionally, treasury bills amounting to OMR94.250 million for a maturity period of 182 days was also allotted. The average accepted price reached OMR97.992 for every OMR100, and the minimum accepted price arrived at OMR97.980 per OMR100. The average discount rate and the average yield reached 4.02759% and 4.11013%, respectively.
Also, treasury bills amounting to OMR38 million, for a maturity period of 364 days was allotted. The average accepted price reached OMR96.155 for every OMR100, and the minimum accepted price arrived at OMR96.150 per OMR100. The average discount rate and the average yield reached 3.85530% and 4.00945%, respectively.
Treasury Bills are short-term highly secured financial instruments issued by the Ministry of Finance, and they provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman (CBO) acts as the Issue Manager and provides the added advantage of ready liquidity through discounting and repurchase facilities (Repo).
It may be noted that the interest rate on the Repo operations with CBO is 5.00% while the discount rate on the Treasury Bills Discounting Facility with CBO is 5.50%.
Furthermore, Treasury Bills promote the local money market by creating a benchmark yield curve for short-term interest rates. Additionally, the Government may also resort to this instrument whenever felt necessary for financing its recurrent expenditures.
