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Oman opens dual bond issues worth RO 90 million for public subscription to boost development funding

The Central Bank of Oman, on behalf of the Government of Oman and the Ministry of Finance, has announced the launch of two new Government Development Bond issues — No. (78) and No. (79), inviting public subscription starting Wednesday.

TAS News Service

info@thearabianstories.com

Tuesday, November 11, 2025

Muscat: According to the Central Bank’s statement, Issue No. (78) is valued at RO 75 million with an option to increase by up to RO 25 million. The bonds carry a 7-year maturity period and an annual interest rate (coupon) of 4.20 percent.

Issue No. (79), meanwhile, is valued at RO 15 million, with an option to raise it by RO 5 million. This issue has a 10-year maturity period and offers a coupon rate of 4.35 percent annually.

The subscription window opens tomorrow, November 6, 2025, and closes on November 18, 2025. Auctions for both issues will take place on November 19, 2025, with issuance (settlement) set for November 23, 2025. Interest on these bonds will be paid semi-annually on May 23 and November 23 each year, up to November 23, 2032, for Issue No. (78), and November 23, 2035, for Issue No. (79).

The Central Bank confirmed that subscriptions are open to all investors, both domestic and international, irrespective of nationality. Bids must be submitted through licensed commercial banks in Oman during the subscription period, with direct applications above RO 1 million accepted by the Central Bank if endorsed by the applicant’s bank.

Interested investors must first obtain an investor number via the Muscat Clearing and Depository Company website or the Oman Shares application before submitting their bids. Prospectuses and subscription forms can be accessed on the websites or official social media channels of the Central Bank of Oman and the Ministry of Finance.

Both bond issues carry a direct and unconditional guarantee from the Government of Oman and can be used as collateral for loans from licensed banks. They will also be tradable on the Muscat Stock Exchange at market prices.

The Muscat Clearing and Depository Company will maintain and manage the official register documenting all bond allocations under these two new issues.

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