Muscat – The size of the new issue is at RO 100 million, with a maturity period of 5 years and will carry a coupon rate of 4.60 percent pa. The issue will be open for subscription from April 22 to April 28, 2025, while the auction will be held on Tuesday, April 29, 2025. every year until maturity date on 1 May 2030.

The 74th Government Development Bonds issue is offered to all investors, residents and non-residents (irrespective of their nationality). Investors may apply for these Bonds through the competitive bidding process only and may submit bids through commercial licensed banks operating in the Sultanate of Oman during the subscription period.

The Government Development Bonds are financial instruments issued by the Government of the Sultanate of Oman, to provide an investment outlet for the surplus resources available in the economy and also to finance capital expenditure of various development projects in the Sultanate of Oman.

The CBO issues the bonds on behalf of the Government of the Sultanate of Oman.