DOHA: The Qatar Central Bank (QCB) issued Treasury Bills and Sukuk for periods of one week, one month, three, six and nine months worth QR6bn, and the auction attracted a record amount of bids totaling QR9.75bn.
In a statement, QCB stated that the treasury bills were distributed in the amount of QR500m for a one-week term at an interest rate of 4.5050 percent, QR500m for a one-month term at an interest rate of 4.5625 percent, QR2bn for a three-month term at an interest rate of 4.6450 percent, QR1.7bn for a six-month term at an interest rate of 4.7025 percent, and QR1.3bn for nine months at an interest rate of 4.75 percent.
QCB explained that the auction is among the mechanisms for promoting issuances announced by the QCB on Sep. 21, 2022.
