Doha, November 03 (QNA) – The Qatar Central Bank (QCB) issued Treasury Bills and Sukuk for periods of one week, one month, three, six and nine months worth QR 6 billion, and the auction attracted a record amount of bids totaling QR 9.75 billion.
In a statement, QCB stated that the treasury bills were distributed in the amount of QR 500 million for a one-week term at an interest rate of 4.5050 percent, QR 500 million for a one-month term at an interest rate of 4.5625 percent, QR 2 billion for a three-month term at an interest rate of 4.6450 percent, QR 1.7 billion for a six-month term at an interest rate of 4.7025 percent, and QR 1.3 billion for nine months at an interest rate of 4.75 percent.
QCB explained that the auction is among the mechanisms for promoting issuances announced by the QCB on Sep. 21, 2022.
(QNA)