RIYADH: Oman’s central bank allocated 89.85 million Omani rials ($233.3 million) in treasury bills this week as part of its routine operations to manage short-term liquidity.
The offering consisted of 64.85 million rials in 91-day bills and 25 million rials in 182-day bills, according to the Oman News Agency, which cited data from the Central Bank of Oman.
The 91-day securities were issued at an average price of 98.98 rials per 100 rials, with the lowest accepted bid at 98.97 rials. The average discount rate was 4.07 percent, while the average yield was 4.12 percent.
The move comes amid broader efforts by the Gulf nation to stabilize its financial system and support liquidity as it navigates fiscal pressures, global interest rate fluctuations, and ongoing diversification efforts under its Vision 2040 economic plan.
“Treasury bills are a short-term, guaranteed financial instrument issued by the Ministry of Finance to provide investment opportunities for licensed commercial banks. The Central Bank of Oman acts as the issuance manager for these bills,” ONA said.
