Muscat – The Omani government, represented by the Ministry of Finance, is planning to raise RO125mn through two issues of government development bonds.
The Central Bank of Oman (CBO) has announced the launch of the 80th government development bond issue, valued at RO100mn, with a maturity period of five years and a coupon rate of 4.05% per annum. In addition, the 81st issue, worth RO25mn, carries a maturity of 10 years and a coupon rate of 4.3% per annum.
Both bond issues will be open for subscription from January 25 to January 29, 2026, while the auctions will be held on February 1, 2026. The issue date has been set for February 3, 2026, the CBO said in a statement.
Interest on both the 80th and 81st government development bond issues will be paid semi-annually on February 3 and August 3 each year, until their respective maturity dates of February 3, 2031, and February 3, 2036.
The 80th and 81st government development bond issues are open to all investors, both residents and non-residents, regardless of nationality. Investors may apply through the competitive bidding process only and are required to submit their bids via commercial licensed banks operating in the dultanate during the subscription period.
Investors submitting applications of RO1mn and above may, at their discretion, submit bids directly to the CBO, provided these are endorsed by their respective banks. Interested investors must obtain an MCD investor code by visiting the Muscat Clearing and Depository Company (MCD) website or through the Oman Stocks application at least one day prior to submitting their application to a commercial bank.
The government development bonds constitute direct and unconditional obligations of the Government of the Sultanate of Oman, represented by the Ministry of Finance. The bonds may be used as collateral to obtain loans from local commercial licensed banks and can also be traded at prevailing market rates on the Muscat Stock Exchange (MSX).
The Omani government plans to issue government development bonds and sovereign local sukuk worth a total of RO850mn in 2026. These planned local market issuances form part of the government’s strategy to meet its financing requirements, covering both the projected budget deficit and public debt servicing for the year.
The Ministry of Finance has formulated the government’s 2026 borrowing plan based on estimates outlined in the State General Budget for 2025, including projections for public debt, financing needs and the overall financing strategy for the year ahead.
