
Muscat--- Oman Sovereign Sukuk Company, acting on behalf of the Government of the Sultanate of Oman represented by the Ministry of Finance, has officially announced the subscription results for the 10th issuance of local sovereign Sukuk with a total value of RO 200 million. According to the statement issued today, the offering saw significant demand from investors, with the total value of subscription applications reaching RO 276,618,800.
Regarding the financial returns, the average accepted yield for this issuance stood at 4.11 percent, while the maximum accepted yield was recorded at 4.15 percent and the minimum at 4.07 percent.
The statement further clarified that these Sukuk are being issued today, with the profit payments scheduled to be distributed twice a year on 25 June and 25 December. This arrangement will continue throughout the 7-year tenure of the Sukuk until they reach their full maturity on 25 December 2032.