Results announced for 11th local sovereign Sukuk issuance

Business Thursday 11/June/2026 16:59 PM
By: ONA
Results announced for 11th local sovereign Sukuk issuance

Muscat--- Oman Sovereign Sukuk Company SAOC, on behalf of the Government of the Sultanate of Oman, represented by the Ministry of Finance, announced the subscription results of the 11th local sovereign sukuk issuance, with a total issuance value of RO 120 million.

The total value of subscription applications received for the issuance amounted to approximately RO 249.8 million. The average accepted profit rate stood at 4.19%, while the highest accepted profit rate was 4.20% and the lowest accepted profit rate was 4.17%. The issuance will be settled on Monday, 15 June 2026. The 11th Sukuk issuance carries a profit rate of 4.20% per annum and will mature on 15 June 2031.