Qatar Central Bank Issues Treasury Bills worth QR1.1 Billion for Various Periods

August 01, 2018

Qatar Central Bank (QCB) issued Treasury Bills (T-Bills) on Wednesday 1 August 2018  for the periods of 3, 6 and 9 months, where the total amount of issuance is about QR1.1 billion distributed as follows:

-        QR600 million for three months at an interest rate of 2.21%

-        QR300 million for six months at an interest rate of 2.53%

-        QR200 million for nine months at a rate of 2.75%

This issuance comes within a series of Treasury Bills (T-Bills) issuances by the Central Bank on behalf of the Government of the State of Qatar according to the plan of the Qatar Central Bank in coordination with the Ministry of Finance.

Treasury bills are issued through auction for banks operating in Qatar.