Sunday 15 / November / 2026
Muscat: The Central Bank of Oman (CBO) announced the floating of a new issue of Government Development Bonds (GDBs) valued at OMR100 million, with a greenshoe option (provided the increase does not exceed OMR50 million), for a maturity period of seven years and a basic interest rate (coupon) of 4.8 percent per annum.
The statement issued by the Bank indicated that subscription (bidding) for the bonds will commence on Monday, and continue until 22 November 2026, while the auction will be held on Monday, 23 November 2026. These bonds will be issued on Sunday, 29 November 2026 (settlement). Interest due on the new bonds will be paid twice a year, on 29 May and 29 November, until their maturity date on 29 November 2033.
Subscription to this bond issue is open to all categories of investors from inside and outside the Sultanate of Oman (irrespective of their nationalities).
The bonds will be issued via competitive bidding only, and investors must submit their bids through commercial banks operating in the Sultanate of Oman during the subscription period.
The Central Bank of Oman accepts applications amounting to OMR1 million or more submitted by bidders (non-banking institutions and individuals), other than commercial banks, provided they are endorsed by the commercial banks with which they deal.
Those wishing to subscribe must obtain an investor number by visiting the website of the Muscat Clearing and Depository Company, or through the "Ashom Oman" application, at least one day prior to submitting the subscription application to the commercial bank.
Subscribers can obtain prospectuses and application forms through the website of the Central Bank of Oman or the Ministry of Finance, or via the social media accounts of the Central Bank of Oman or the Ministry of Finance.
The Government of the Sultanate of Oman, represented by the Ministry of Finance, guarantees these bonds directly and unconditionally, as loans can be raised against these bonds from licensed local banks, in addition to the possibility of trading them (buying and selling) at the prevailing market price through the Muscat Stock Exchange (MSX). It is noted that the details and data of the bonds allotted to subscribers in the issue will be registered and documented in the dedicated bond register maintained and managed by the Muscat Clearing and Depository Company.
In its statement, the Central Bank of Oman pointed out that the bank account number recorded in the subscription application must be the same as the one registered with the Muscat Clearing and Depository Company, to ensure the smooth processing of the subscription and the receipt of interest and principal amounts on their due dates.
