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Business / Qatar Business

QCB issues treasury bills worth QR500m due on December 13

Published: 08 Dec 2022 - 09:27 am | Last Updated: 08 Dec 2022 - 09:27 am

QNA

Doha: Qatar Central Bank (QCB) issued Treasury Bills worth QR500m for a one-week term, due on December 13, at an interest rate of 4.5050 percent.

The auction is among the mechanisms for promoting issuances announced by the QCB on September 21, 2022.

The Qatar Central Bank issued treasury bills for periods of one week at a value of QR2.5bn, and for one month, three, six and nine months worth QR6bn, and the auction attracted bids totaling QR9.75bn.