Oman acquires Treasury Bills value USD51.76mn
Date
6/29/2016 5:24:37 AM
(MENAFN) The whole value of Oman's Treasury bills amounted to USD51.76mn, for a whole year, from June 29, 2016 until June 28, 2017.
Additionally, the average accepted price reached 98.720 for every USD258.83, while the minimum accepted price touched 98.680 per USD258.83.
On the other hand, the average discount rate and the average yield reached 1.28352 percent and 1.30018 percent.
The Treasury Bills will help the licensed commercial banks to gainfully invest their surplus funds, with added advantage of ready liquidity.
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