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Qatar Central Bank issues treasury bills and Islamic Sukuk worth $549 million

Qatar Central Bank. Credit: Qatar News Agency

Qatar Central Bank (QCB) has issued treasury bills and Islamic sukuk for one week, one month, three months, six months, and nine months maturities.

The issuance amounted to a total of QR 2 billion ($549 million).

The issuances of treasury bills distributed amounted to QR 200 million for a one-week maturity at an interest rate of 5.76%, QR 500 million for a one-month maturity at an interest rate of 5.80%, QR 500 million for three months at an interest rate of 5.82%.

In addition, the bank also issued treasury bills at QR 500 million for the six-month maturity at an interest rate of 5.78% and QR 300 million for the nine-month maturity at an interest rate of 5.70%.

According to the bank, the total private bids in treasury bills and Islamic sukuks amounted to QR 5.4 billion.