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This is a bug. It's been reproduced in-house, and fixed for our next release.
I reproduced it with this test case
create or replace
OPEN l_curvar FOR 'SELECT systimestamp from dual';
Execute, this is displayed in the output for the ref cursor
Edited by: Jeff Smith SQLDev PM on Nov 28, 2012 10:47 PM
Thanks Jeff. Its the same for both TIMESTAMP WITH TIME ZONE and TIMESTAMP WITH LOCAL TIME ZONE return types.
Looking forward for the fix.