Bank Muscat taps investors for dollars in dry market

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Bank Muscat taps investors for dollars in dry market

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Oman financial concept. Female hand holding dollar banknotes on national flag background. Currency and money theme with copy space. | sezerozger - stock.adobe.com

Oman's Bank Muscat this week returned to debt markets after a brief hiatus to sell a dollar bond. The deal was one of only a few across CEEMEA this week, as market participants say interest rate volatility is still deterring issuance.

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