Oman raises $130m from latest sale of treasury bills

Oman raises $130m from latest sale of treasury bills

Sale three times oversubscribed Plan to raise $2bn from bonds Oman also borrowing to tackle deficit Oman has raised $130 million from treasury bills in a three-part sale that began on Monday.  The Central Bank of Oman sold $5 million, $52 million and $74 million of bonds with terms of three, six and 12 months, respectively. The coupon – or annual interest rate – is 5 percent.  By Tuesday the sale was oversubscribed more than three times, accordi…