Oman’s Central Bank announced the issuance of government treasury bills totaling 19.7 million Omani rials this week, comprising 16 million in 91-day bills and 3.7 million in 182-day bills. These short-term debt instruments are part of the Ministry of Finance’s efforts to manage the country’s liquidity and financing requirements.

The 91-day treasury bills were issued at an average accepted price of approximately 98.979 Omani rials per 100 rials face value, with the lowest accepted price recorded at 98.975. This corresponded to an average discount rate of 4.095 percent and a yield of 4.14 percent. Meanwhile, the 182-day bills had an average accepted price near 98.016, with the lowest at 97.925 per 100 rials in face value, resulting in an average discount rate of around 3.98 percent and an average yield of 4.06 percent.

The Central Bank of Oman also set the repurchase agreement rate for these treasury bills at 4.50 percent and the discount facility rate at 5.00 percent. These rates guide commercial banks in their interactions with the central bank, particularly for liquidity management activities.

Treasury bills serve as short-term government debt instruments issued by the Ministry of Finance and managed by the Central Bank of Oman. They provide an investment avenue for licensed commercial banks, enabling them to either discount the bills directly with the central bank or engage in repurchase agreements using the bills as collateral. This mechanism supports the government in meeting its immediate financing needs while offering banks secure instruments for managing short-term liquidity.