Muscat: The Central Bank of Oman (CBO) today announced the auction results of the 74th Government Development Bonds (GDB) issue, which is valued at RO 100,000,000.

According to Oman News Agency, the 74th GDB Issue received a strong response from investors, with applications amounting to RO 235,580,100. The auction saw an average yield of 4.49 percent at an equivalent price of RO 100.490. The highest yield recorded was 4.55 percent at an equivalent price of RO 100.220, while the lowest yield was at 4.40 percent with an equivalent price of RO 100.890.

The 5-year Bond is set to be issued on Thursday, 1 May 2025, and will mature on 1 May 2030, carrying a coupon rate of 4.60% per annum.