Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Oman to issue 5-yr bonds worth USD260m: CB  Join our daily free Newsletter

MENAFN - 18/11/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Oman's central bank announced that the government will issue 5-year development bonds worth USD260 million, with an annual interest rate of 3.25 percent, reported Arabian Business.

The bank said that interest on the bonds, which would be traded in the Muscat Securities Market, would be paid on June 5 and December 5 each year, until maturity date, on December 5, 2017.

Although the bank didn't reveal the reason behind the sale, however, the Sultanate used to issue bonds to finance infrastructure projects.

It is worth noting that the subscription of the bonds will begin on November 18 and last until November 29, whereas an auction will take place on December 3.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help