CBO Launches 78th, 79th Issues of Government Development Bonds via Auction
Muscat, 11 Nov (ONA) — On behalf of the Government of Sultanate of Oman, represented by the Ministry of Finance, the Central Bank of Oman (CBO) announced the new issues of Government Development Bonds.
The new issues are as follows: Issue No. 78 isworthRO 75 million, with green shoe option (not exceeding RO 25 million), a maturity period of7 yearsand a coupon rate of4.20% p.a.
Issue No. 79isworthRO 15 million, with green shoe option (not exceeding RO 5 million), a maturity period of10 yearsand a coupon rate of4.35% p.a.
Both issues will be opened for subscriptionfrom12to18 November, 2025while the auction will be held onWednesday, 19 November 2025.The issue date will be onSunday 23 November, 2025.Interest on the 78th and 79th bond issues will be paid semiannually on23 May and 23 November, every year until maturity date on23r November 2032 & 23 November 2035, respectively.
Noteworthy, the 78th and 79th Government Development Bonds issues are offered to all investors, residents and non-residents (irrespective of their nationality). Investors may apply for these Bonds throughthe competitive bidding process onlyand may submit bids through commercial licensed banks operating in the Sultanate of Oman during the subscription period.
Furthermore, investors with applications ofRO one millionand above may submit their bids directly to CBO, at their own discretion, after getting them endorsed from their banks.
Notably, the bonds are direct and unconditional obligations of the Government of the Sultanate of Oman, represented by the Ministry of Finance. The Bonds can be used as collateral to obtain loans from any local commercial licensed banks and can also be traded at prevailing market rates through the Muscat Stock Exchange (MSX). The details of the bonds allotted will be recorded in the register maintained by Muscat Clearing & Depositary Company (MCD).
Therefore, investors must provide the same bank account details registered with MCD in order to ensure the smooth processing of their bids and the receipt of the coupon payments and principal amount on their scheduled dates.
---Ends/AG
