Tuesday, 02 January 2024 12:17 GMT

QCB Issues Ijara Sukuk On Behalf Of Ministry Finance


(MENAFN- The Peninsula) The Peninsula

Doha, Qatar: The Qatar Central Bank (QCB) issued yesterday government Ijara Sukuk on behalf of the Ministry of Finance, with a total value of QR2.5bn.

QCB explained that the sukuk maturities variy as follows: QR1.25bn (Tap Issuance) with a maturity date of September 3, 2028, and a yield of 4.4 percent, and QR1.25bn (iTap Issuance) with a maturity date of August 24, 2030, and a yield of 4.4 percent. QCB added, in a post on 'X' platform, that total bids for the sukuk amounted to approximately QR7bn.

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The Peninsula

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