MUSCAT, 26 August 2007 — The Central Bank of Oman (CBO) held the certificates of deposit CDs) tender for the week, in which a total of RO36.5 million ($94.9 million) worth of CDs was issued, according to the state-run news agency ONA. The total amount allotted for issue No. 401 was RO21.5 million. The average accepted interest rate of these certificates was 3.12 percent, while the maximum rate was 3.15 pe cent. The tenor of these certificates is 28 days and their maturity date will be Sept. 9. CDs (Issue No. 402) and (Issue 403) tender were also held. The total amount allotted for issue No.402 was RO10 million. The average accepted interest rate of these certificates was 3.50 percent while the maximum rate was 3.50 per cent. The tenor of these certificates is 91 days, and their maturity date will be Nov. 21. The total amount allotted for issue No. 403 was RO5 million at an average accepted interest rate of 3.60 percent, while the maximum rate was 3.60 percent. The tenor of these certificates is 182 days, so their maturity date will be Feb. 20, 2008.
