VOL. XLVI

No 41

13-October-2003

OMAN

CAPITAL MARKETS

Oman Plans Third Bond Issue For 2003 Worth $182Mn

Oman is planning its third bond issue of 2003 worth OR70mn ($182mn), bringing the countrys total borrowing on the world bond markets to OR230mn ($597mn) this year. The issue, which will be used to finance development projects, will be open for subscription between 11 and 23 October, with the auction on 26 October and issue on 3 November. The seven-year bond carries a coupon of 5.25% per year and...