Thursday, 25 July 2019

UPDATE 2- #Oman receives nearly $14 billion in demand for dollar bonds - Reuters

UPDATE 2-Oman receives nearly $14 billion in demand for dollar bonds - Reuters:

Oman received strong demand from global investors for U.S. dollar bonds it marketed on Thursday in its first foray in the international debt markets this year, according to a document issued by one of the banks leading the sale.

Investors made orders worth nearly $14 billion for papers offered at a final yield of around 4.95% for the long five-year bonds and 6% for the 10-year, according to the document. 


That is below an initial price guidance of around 5.375% and 6.375% earlier on Thursday.

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