Browse related articlesBankMuscat to auction CDs
Oman: Sunday, August 31 - 2008 at 13:01
BankMuscat has announced the issuance of 1, 3 and 5-year Certificates of Deposits (CDs) by way of auction process. The bank targets to issue OR250m of CDs in a year, while the OR20m first issue will be given to 'eligible investors' and can be held by Omani or non Omani individuals, corporate bodies and institutions, including banks established in Oman or otherwise.
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Medilyn Manibo, Assistant News EditorSunday, August 31 - 2008 at 13:01 UAE local time (GMT+4)
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