The Central Bank of Oman announced Tuesday that the total value of this week’s treasury bills was OMR 42 million, and the value of the bills with a maturity period of 28 days was OMR 4 million.

In a statement, the CBO said that the average acceptable price amounted to OMR 99.645 and the minimum acceptable price reached OMR 99.645 for every OMR 100. The average discount rate was 4.62768 percent, and the average return was 4.64417 percent, the statement read.

The repo interest rate is 5.50 percent, while the discount rate on the Treasury Bills Discounting Facility with CBO is 6.00 percent, the statement added.

Source: Qatar News Agency