QCB Issues Treasury Bills, Islamic Sukuk Worth QR2.5 Billion

2024-06-10 02:01:21

(MENAFN- The Peninsula) QNA

Doha: Qatar Central Bank issued treasury bills and Islamic sukuks with maturities of 24 days, 80 days, and 171 days, worth 2.5billion riyals.

The Qatar Central Bank said, in a post on the X today, that the issuances of treasury bills were distributed at QR500 million for a period of 24 days with an interest rate of 5.7913 percent, and QR1 billion for a period of 80 days at an interest rate of 5.8313 percent, and another QR1 billion for a period of 171 days at an interest rate of 5.8268 percent. All three were tap issuances.

The total private bids in treasury bills and Islamic sukuks amounted to QR5.4 billion.

MENAFN10062024000063011010ID1108316366

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.