Wednesday, 7 July 2021

#Oman bonds rise after it seeks IMF technical assistance | Reuters

Oman bonds rise after it seeks IMF technical assistance | Reuters

Omani government bonds rose on Wednesday on news the Gulf country had asked the International Monetary Fund for technical assistance to help it develop a medium-term debt strategy and bolster its fiscal structure.

Oman’s bonds due in 2051 were up almost 1 cent to 101.73 cents on the dollar, while bonds maturing in 2048 were 0.85 cents higher to trade at 99.6 cents on the dollar, data from Refinitiv’s Traeweb showed.

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