Tuesday 21 / October / 2025
Muscat: On behalf of the Government of Sultanate of Oman, represented by the Ministry of Finance (MOF), the Central Bank of Oman (CBO) announced the new issue of government development bonds (GDBs).
The size of the new issue is at OMR80 million, with green shoe option (not exceeding OMR20 million), with a maturity period of 5 years and will carry a coupon rate of 4.1% p.a. The issue will be open for subscription from 22 to 27 October 2025 while the auction will be held on Tuesday, 28 October 2025. The issue date will be on Thursday, 30 October 2025. Interest on the new bonds will be paid semiannually on 30 April and 30 October every year until maturity date on 30 October 2030.
Noteworthy, the 77th Government Development Bonds issue is offered to all investors, residents and non-residents (irrespective of their nationality). Investors may apply for these Bonds through the competitive bidding process only and may submit bids through commercial licensed banks operating in the Sultanate of Oman during the subscription period.
Furthermore, investors with applications of OMR1 million and above may submit their bids directly to CBO, at their own discretion, after getting them endorsed from their banks.
Interested investors may obtain MCD Investor Code through visiting Muscat Clearing and Depository Co. (MCD)’s website (www.mcd.om) or via Oman Stocks application at least one day prior to submitting the application to the commercial bank.
Prospectus and application forms can be obtained through the CBO’s website (www.cbo.gov.om) and the MOF’s website (www.mof.gov.om) or through their accounts on social media.
Notably, the Bonds are direct and unconditional obligations of the Government of Sultanate of Oman, represented by the MOF. The Bonds can be used as collateral to obtain loans from any local commercial licensed banks and can also be traded at prevailing market rates through the Muscat Stock Exchange (MSX). The details of the Bonds allotted will be recorded in the register maintained by Muscat Clearing & Depositary Company (MCD).
Therefore, investors must provide the same bank account details registered with MCD in order to ensure the smooth processing of their bids and the receipt of the coupon payments and principal amount on their scheduled dates.
