MUSCAT – The size of the new issue is at RO 75 million, with green shoe option not exceeding RO 15 million. The bonds will have maturity period of 5 years and will carry a coupon rate of 4.35 percent per annum.

The issue will be open for subscription from August 13 to August 19, 2025 while the auction will be held on Wednesday, August 20, 2025. The issue date will be on Sunday August 24, 2025. Interest on the new bonds will be paid semi-annually on February 24 and August 24, every year until maturity date on August 24, 2030.

It is pertinent to note that the 76th 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.

Furthermore, investors with applications of RO One million and above may submit their bids directly to CBO, at their own discretion, after getting them endorsed from their banks.

Notably, the Bonds are direct and unconditional obligations of the Government of Sultanate of Oman, represented by the Ministry of Finance. The Bonds can be used as collateral to obtain loans from any local commercial licensed banks and can also be traded at prevailing market rates through the Muscat Stock Exchange (MSX). The details of the Bonds allotted will be recorded in the register maintained by Muscat Clearing & Depositary Company.