Qatar Central Bank Issues Treasury Bills worth QAR 600 Million for June 2019

June 12, 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, June 11^th, 2019 treasury bills for three, six and nine months, with a value of QAR 600 million, distributed as follows:

-        QR 300 million for three months at an interest rate of 2.24%

-        QR 200 million for six months at an interest rate of 2.33%

-        QR 100 million for nine months at an interest rate of 2.34%

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.