Oman issues $519.51mln domestic sukuk - ONA

24/09/2020

Oman has issued local sukuk, or Islamic bonds, worth 200 million rials ($519.51 million) to finance the 2020 state budget, state news agency ONA said on Tuesday.

The sukuk have a six-year maturity and an annual profit rate of 5.25%, the agency said.

($1 = 0.3850 Omani rials).

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