CBO ANNOUNCES CDS TENDER RESULTS

MUSCAT: Certificates of deposit (CDs) tender was held at the Central Bank of Oman (CBO) last week. The total amount allotted for issue 899 was RO216.4mn.

A bulletin issued by the CBO stated that the average interest rate of these certificates was 0.13 per cent whilst the maximum accepted interest rate was 0.13 per cent. The tenor of these certificates is 28 days, so their maturity date is on February 4th.

SOURCE: MUSCAT DAILY