Qatar Central
Bank Issues Treasury Bills worth QR 600 Million for May 2019
May 02, 2019
As part of
Qatar Central Bank’s monetary policy initiatives and its efforts
to strengthen the financial system as well as to activate the
tools available for the open market operations;
Qatar Central Bank (QCB) issued on Wednesday, May 1st,
2019 treasury bills for three, six and nine months, with a value
of QR600 million, distributed as follows:
- QR 300 million for three months at an
interest rate of 2.39%
- QR 200 million for six months at an
interest rate of 2.47%
- QR 100 million for nine months at an
interest rate of 2.54%
The issuance is
part of a series of issues executed by Qatar Central Bank on
behalf of the Government of the State of Qatar and in accordance
with the schedule prepared by both Qatar Central Bank and the
Ministry of Finance. Treasury bills are issued through auction
for banks operating in Qatar.
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