QCB Issues Treasury bills, Islamic sukuk Worth QR 2.5 Billion

Qatar Central Bank

Qatar Central Bank (QCB) issued treasury bills and Islamic sukuks with maturities of 7 days, 28 days, 91 days, 182 days, 238 days, and 353 days, with a value of QR 2.5 billion.

Qatar Central Bank stated, in a post on X, Qatar Central Bank said that the Treasury bills were distributed as follows: QR 300 million for 7 days (new issue) at an interest rate of 5.8067 percent, QR 500 million for 28 days (addition to an existing issue) with an interest rate of 5.8132 percent, and QR 500 million for 91 days (addition to an existing issue) with an interest rate of 5.8006 percent, and QR 500 million for a period of 182 days (addition to an existing issue) with an interest rate of 5.7335 percent, QR 500 million for a period of 238 days (addition to an existing issue) with an interest rate of 5.6802 percent, and QR 200 million (addition to an existing issue) for a period of 353 days with an interest rate of 5.5692 percent.

The total value of bids for the Treasury bills and Islamic bonds reached QR 6.6 billion.

(QNA)