Columns

True education
By Mohammed Al Balushi — THERE were days when people were been duped a
How to fix the price in Omani market
By Syeda Ishrat J — OMAN has very interesting and vibrant customer bas
Refugee blues
Dr Rajan Philips - Say this city has ten million souls, Some are liv
Progress sans jobs
Nasir Hafeez - GOVERNMENTS, faced with difficult times, can save mone
How to combat monopoly in the local markets?
Haider al Lawati - AN issue was raised during the past years in the s
Two-child policy
Hasan Kamoonpuri - MYANMAR recently re-imposed a two-child limit for
Counting money through dots and lines
ON THE AIRWAVES - By Lakshmi Kothaneth - HOW many times have we take
Promising future
Ali al Matani - ESTABLISHING Public Authority for Development of Smal
Capacity for extreme cruelty!
Majid Al Suleimany - WHAT is happening in Syria now! It is very painf
Effective ways to wow your audience
By Salim Al Riyami — WHETHER you are delivering a speech, running a me
The bigger picture!
By Majed Al Sulaimany — Before I start on the main topic, I do not min
Money matters
By Mohammed Al Balushi — IT was reported that a local bank had lost ar
Core of the Business called ‘Sales’
By Nada Ali — If you work just for money, you’ll never make it. But
Start with low cost, and grow at your own convenience
By Syeda Ishrat J — Continuation from the last week on the topic: To
Demand for hiring people with cumulative experience
By Haider Al Lawati — IN some countries around the world, the demand f
Exchanging data
By Nasir Hafeez — COMMUNICATION between an individual or an entity and
Stealing One’s Thunder
By Dr Rajan Philips — At a wedding, the bride and the groom are the st
Leadership can’t be faked
By Susan Bagyura — Leadership is a funny thing in that it just can’t b
A new window
By Hasan Kamoonpuri — SINCE 2010, when I wrote a book titled Top Busin
Slump continues in Britain’s retail trade sector
By Andy Jalil — Foreign Correspondent — IT has been a long struggle in

Certificates of deposits tender result

Sat, 28 April 2012

MUSCAT — Certificates of deposit tender was held at the Central Bank of Oman (CBO) last week. The total amount allotted for issue No 765 was RO 497 million. A bulletin issued by the CBO stated that the average interest rate of these certificates was 0.08 per cent while the maximum accepted interest rate was 0.08 per cent. The tenor of these certificates is 28 days, so their maturity date is on May 23. The certificates of deposit issued to licensed banks by the CBO as a monetary policy instrument aimed at absorbing excess liquidity at the banking sector in particular and maintaining stability of the interest rate and the money market in general. The Repo rate during April 25 to May 1 is one per cent.