A tender of government treasury bills, issue number 002, was held at the Central Bank of Oman (CBO) on Tuesday. The total value of the allotted treasury bills amounted to OMR5 million, for a maturity period of 28 days. The average discount rate and the average yield reached 0.65179 per cent and 0.65211 per cent respectively. The interest rate on the Repo operations with CBO is one per cent for the period from March 1, 2016 to March 7, 2016 while the discount rate on the treasury bills discounting facility with CBO is 1.75 per cent for the same period. (Times of Oman)
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