Tuesday, 02 January 2024 12:17 GMT

Qatar Central Bank Issues Government Ijarah Sukuk Worth QAR 5 Billion


(MENAFN- Gulf Times) Qatar Central Bank (QCB) issued Government Ijarah Sukuk on behalf of the Ministry of Finance on Tuesday. The total allocated amount was QAR 5 billion.

In a statement, QCB said the allocations were issued across different maturities as follows: QAR 2.5 billion (tap issuance) maturing on January 16, 2029, with a yield of 4.75%, and QAR 2.5 billion (tap issuance) maturing on August 24, 2030, with a yield of 4.90%. The central bank noted that total bids received for the Sukuk amounted to QAR 5.5 billion.

Qatar Central Bank Ijarah Sukuk Ministry of Finance

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Gulf Times

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