Muscat: The Sultanate of Oman announces the new issue of Government Development Bonds. The Central Bank of Oman (CBO) pointed out that the size of the new issue stands at RO 60 million, with a green shoe option not exceeding RO 30 million. The bonds have a maturity period of three years and will carry a coupon rate of 4.30% per annum. The subscription period is set from 15 July to 21 July 2025, with the auction scheduled for Tuesday, 22 July 2025. The issue date is slated for Thursday, 24 July 2025. Interest on the bonds will be paid semiannually on 24 January and 24 July each year, until the maturity date on 24 July 2028.

According to Oman News Agency, the 75th Government Development Bonds issue is open to all investors, both residents and non-residents, regardless of nationality. Investors can apply for these bonds through a competitive bidding process and submit bids via commercial licensed banks operating in Oman during the subscription period. Additionally, investors with applications of RO one million and above have the option to submit their bids directly to the CBO after obtaining endorsements from their banks.

Furthermore, these bonds can be used as collateral to secure loans from any local commercial licensed banks. They are also tradable at prevailing market rates through the Muscat Stock Exchange (MSX).