QCB Issues Treasury Bills, Islamic Sukuk Worth QR2.5 Billion
Date
6/10/2024 2:01:21 PM
(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.
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