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Saturday, 21 November 2009 14:02 UAE time

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Oman central bank plans $129.9m bond issuance

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 09 August 2009
RIAL DEAL: Oman Central Bank is set to issue bonds worth nearly $130m. (Getty Images)
RIAL DEAL: Oman Central Bank is set to issue bonds worth nearly $130m. (Getty Images)

Oman's central bank will issue three-year bonds worth 50 million Omani rials ($129.9 million) this month with an interest rate of 4 percent a year, a statement from the central bank said on Sunday.

The subscription will run Aug. 16 to Aug. 26 while the auction will be held on Aug. 30.

The central bank said the bonds, which are open to local and foreign investors, will be issued on Sept. 6 and mature in 2012. (Reuters)

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