VOL. XLVI

No 21

26-May-2003

OMAN

Moodys Assigns Baa3 Rating To BankMuscat Bond Issue

Moody's Investors has assigned a Baa3 long-term domestic currency debt rating to the senior fixed rate bonds, due in 2013, to be issued by BankMuscat (SAOG), the ratings agency announced on 21 May. The Baa3 global domestic currency rating is placed at the same level as the Baa3 foreign currency deposit rating already assigned to BankMuscat. Moody's existing ratings for BankMuscat (Baa3/Prime-3 for long- and...