Muscat: On behalf of the Government of Sultanate of Oman, represented by the Ministry of Finance (MOF), the Central Bank of Oman (CBO) announced the new issue of Government Development Bonds.

According to Oman News Agency, the size of the new issue is set at RO 80 million, with a green shoe option not exceeding RO 20 million, and a maturity period of five years. The bonds will carry a coupon rate of 4.1% per annum. The subscription period is scheduled from 22 to 27 October 2025, with the auction taking place on Tuesday, 28 October 2025. The bonds are set to be issued on Thursday, 30 October 2025. Interest will be paid semiannually on 30 April and 30 October until the maturity date on 30 October 2030.

The 77th Government Development Bonds issue is available to all investors, both residents and non-residents, regardless of nationality. Investors can apply through a competitive bidding process and must submit bids via commercial licensed banks operating in Oman during the subscription period. Those submitting applications of RO One million and above may choose to submit their bids directly to CBO after obtaining endorsements from their banks.

Investors interested in participating must acquire an MCD Investor Code by visiting the Muscat Clearing and Depository Co. (MCD) website (www.mcd.om) or using the Oman Stocks application at least one day prior to submitting their application to a commercial bank. Prospectus and application forms are available on the CBO’s website (www.cbo.gov.om), the MOF’s website (www.mof.gov.om), and through their social media accounts.

The Bonds are direct and unconditional obligations of the Government of Sultanate of Oman, represented by the MOF. They can be used as collateral for loans from local commercial licensed banks and are tradable at prevailing market rates on the Muscat Stock Exchange (MSX). The details of allotted Bonds will be recorded in the register maintained by Muscat Clearing and Depository Company (MCD).

Investors are required to provide the same bank account details registered with MCD to ensure smooth processing of bids, as well as receipt of coupon payments and principal amounts on scheduled dates.