Muscat, August 17 (QNA) - The Central Bank of Oman (CBO) announced that the total issuance of Government Treasury Bills amounted to OMR 48 million. 

In a statement on Monday, the bank said that the value of the allotted Treasury bills amounted to OMR 22 million, for a maturity period of 91 days, while the average accepted price reached OMR 99.050 for every OMR 100, and the minimum accepted price arrived at OMR 99.050 per OMR 100.

The average discount rate and the average yield reached 3.80953 percent and 3.84606 percent, respectively, the bank added.

Meanwhile, the value of the allotted Treasury bills amounted to OMR 26 million, for a maturity period of 182 days. The average accepted price reached OMR 98.069 for every OMR 100, and the minimum accepted price arrived at OMR 98.065 per OMR 100. The average discount rate and the average yield reached 3.87195 percent and 3.94818 percent, respectively.

The statement indicated that the interest rate on the Repo operations with CBO is 4.25 percent while the discount rate on the Treasury Bills Discounting Facility with CBO is 4.75 percent. (QNA)