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 Wednesday, Jul 01, 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 0.25%
- 200 million QR for six months at an interest rate of 0.35%
- 100 million QR for nine months at an interest rate of 0.41%
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.