The Central Bank of Oman hereby announces the new issue of Government development bonds. The size of the new issue is fixed at RO 100 million with a maturity period of 4 years and will carry a coupon rate of 3.25% p.a. The issue will be open for subscription from 24th October to 4th November, 2010 while the auction will be held on Monday, November 8th 2010. The issue /settlement date will be on 11th November, 2010. Interest on the new bonds will be paid on 11th May & 11th November, every year until maturity date on 11th November, 2014.
Investors may apply for these Bonds through the competitive bidding process only. Investors may submit bids through licensed banks operating in the Sultanate of Oman. Investors with applications of R.O One million and above can, if they so wish submit their bids directly to CBO after getting them endorsed from their banks. Prospectus and application forms can be obtained from any licensed bank operating in the Sultanate.
The Bonds are direct and unconditional obligations of the Government of Sultanate of Oman. The Bonds can be used as a collateral security to obtain loans from any local licensed bank.
The Bonds can also be traded at prevailing market rates through the Muscat Securities Market (MSM).
The details of the Bonds allotted will be recorded in the register maintained by the Muscat Clearing & Depositary Company. (MCD).
This particular issue of the Government Bonds is offered to all investors of any nationality residing in the Sultanate of Oman only; it is NOT open for subscription to investors residing abroad.
For further details, prospective investors may contact the Central Bank of Oman (Monetary Operations Domain at (24777425/ 426/ 427) or any of the licensed banks in the Sultanate of Oman
Investors may apply for these Bonds through the competitive bidding process only. Investors may submit bids through licensed banks operating in the Sultanate of Oman. Investors with applications of R.O One million and above can, if they so wish submit their bids directly to CBO after getting them endorsed from their banks. Prospectus and application forms can be obtained from any licensed bank operating in the Sultanate.
The Bonds are direct and unconditional obligations of the Government of Sultanate of Oman. The Bonds can be used as a collateral security to obtain loans from any local licensed bank.
The Bonds can also be traded at prevailing market rates through the Muscat Securities Market (MSM).
The details of the Bonds allotted will be recorded in the register maintained by the Muscat Clearing & Depositary Company. (MCD).
This particular issue of the Government Bonds is offered to all investors of any nationality residing in the Sultanate of Oman only; it is NOT open for subscription to investors residing abroad.
For further details, prospective investors may contact the Central Bank of Oman (Monetary Operations Domain at (24777425/ 426/ 427) or any of the licensed banks in the Sultanate of Oman
