The Central Bank of Oman (CBO) has announced the allocation of OMR 43 million in government Treasury Bills this week, reinforcing the role of short-term government securities in supporting liquidity and investment opportunities within the Sultanate’s financial sector.
According to the CBO, the issuance comprised OMR 32 million in 91-day Treasury Bills and OMR 11 million in 182-day Treasury Bills. The shorter-term bills recorded an average accepted price of OMR 99.042 per OMR 100, while the longer-term bills achieved an average accepted price of OMR 98.070 per OMR 100.
The 91-day Treasury Bills delivered an average discount rate of 3.84240 percent and an average yield of 3.87957 percent. Meanwhile, the 182-day Treasury Bills posted an average discount rate of 3.86969 percent and an average yield of 3.94583 percent, indicating stable investor confidence in government-backed instruments.
The Central Bank further stated that the repo rate applicable to these Treasury Bills remains at 4.25 percent, while the discount rate on Treasury Bill facilities stands at 4.75 percent.
Treasury Bills are short-term debt instruments issued by the Ministry of Finance and managed by the Central Bank of Oman. They provide licensed commercial banks with secure investment opportunities while contributing to liquidity management within the banking sector.
In addition to offering quick liquidity through discounting and repurchase agreements, Treasury Bills serve as an important benchmark for short-term interest rates in Oman’s financial market. They also provide the government with a flexible and efficient mechanism to finance selected expenditure requirements.
The latest issuance underscores the continued importance of Treasury Bills in maintaining financial market stability and supporting the broader objectives of Oman’s economic and fiscal framework.
Source: Oman News Agency
