QCB Issues Treasury Bills Worth QR2.7Bn
Date
11/17/2024 4:39:25 AM
(MENAFN- The Peninsula)
QNA
Doha: Qatar Central bank (QCB) has issued treasury bills for maturities of 7 days, 28 days, 91 days, 168 days,273 days, and 350 days worth QR 2.7 billion.
In a post on X platform Qatar Central Bank said that the treasury bills issued were distributed as follows:
QR500m for a period of 7 days (new issuance) at an interest rate of 4.9180 percent, QR500m for a period of 28 days (new issuance) at an interest rate of 4.8960 percent, QR500m for a period of 91 days (new issuance) at an interest rate of 4.8370 percent, QR500m for a period of 168 days (tap issuance) at an interest rate of 4.7830 percent, QR500m for a period of 273 days (new issuance) at an interest rate of 4.7340 percent, and QR200m for a period of 350 days (tap issuance) at an interest rate of 4.7120 percent.
According to Qatar Central Bank, the total auction bids for the treasury bills amounted to QR10.5bn.
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