NO. 41


Financial and Banking News

Regional Banking

Oman Prepares for Treasury Bond Issues

The President of the Central Bank of Oman, Mr. Hamur ibn Singur, met withdirectors from Oman's commercial banks on 7 July as part of the consultationprocess leading up to the launching of treasury bonds later this year. The current five-year plan includes OR429mn to be raised from government bonds in orderto finance budget deficits, and OR137mn of this is due to be raised in 1991. Inthe...