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Qatar Central Bank Issues QR 4 Billion in Treasury Bills, Islamic Sukuk

Qatar Central Bank Issues QR 4 Billion in Treasury Bills, Islamic Sukuk By A Robin - May 11, 2024
Qatar Central Bank

Qatar Central Bank

Qatar Central Bank issued Thursday treasury bills and Islamic Sukuk for maturities of one week, one month, three months, and six months, totaling QR 4 billion.

Qatar Central Bank said today in a post on social media platform X that the issuance of treasury bills was distributed as follows: QR 500 million for one-week term at an interest rate of 5.7612 %, QR one billion for one-month term at an interest rate of 5.7978 %, QR 1.25 billion for three-month term at an interest rate of 5.8170 %, and QR 1.25 billion for six-month term at an interest rate of 5.7851 %.

According to the bank, the total amount of bids for treasury bills and Islamic Sukuk reached QR 9.2 billion.

(QNA)

By A Robin - May 11, 2024

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