Certificates of deposit tender held
Certificates of deposit (issue No. 308) tender was held at the Central Bank of Oman (CBO) during last week. According to ONA, the total amount allotted was RO. 27 million. A bulletin issued by the CBO stated that the average accepted interest rate of these certificates was 3.97%, while the maximum accepted interest rate was 4.10%. The tenor of these certificates is 28 days so their maturity date is July 19th 2006.