QCB Issues Bills Worth QR 1.5 Billion

Qatar Central Bank

Qatar Central Bank (QCB) has issued bills for maturities of 7 days, 35 days, 91 days, 168 days, 245 days, and 364 days worth QR 1.5 billion.

In a post on the X platform on Thursday, QCB said that the bills issued were distributed as follows: QR 500 million for a period of 7 days (new issuance) at an interest rate of 4.610 percent, QR 200 million for a period of 35 days (tap issuance) at an interest rate of 4.607 percent, QR 200 million for a period of 91 days (tap issuance) at an interest rate of 4.604 percent, QR 200 billion for a period of 168 days (tap issuance) at an interest rate of 4.538 percent, QR 200 million for a period of 245 days (tap issuance) at an interest rate of 4.491 percent, and QR 200 million for a period of 364 days (new issuance) at an interest rate of 4.458 percent.

According to QCB, the total auction bids for the bills amounted to QR 6 billion.

(QNA)