As part of the 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 Tuesday, Oct 06, 2020 treasury bills for three, six and nine months, with a value of QR 600 million, distributed as follows:
- 300 million QR for three months at an interest rate of 0.11%
- 200 million QR for six months at an interest rate of 0.16%
- 100 million QR for nine months at an interest rate of 0.21%
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.