QCB Issues Treasury Bills, Sukuk Worth of QR 5 Billion

Qatar Central Bank (QCB) issued on Thursday treasury bills and Sukuk for tenors of a week, three months, six months, and nine months worth of QR 5 billion, pointing out that the offered bids reached QR 9.7 billion.

In a tweet on its official Twitter account, QCB said that the issuance of the treasury bills came as follows: QR 1 billion for one week tenor with a 5.2550% interest rate, QR 1 billion for one month tenor for a 5.3125% interest rate, QR 1 billion for three months tenor for a 5.3950% interest rate, QR 1 billion for six months tenor for a 5.4525% interest rate, and QR 1 billion for nine months tenor for 5.5000% rate. (QNA)

Source: Qatar News Agency