CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QCSD registers T-Bills worth QR600m in September

Published: 07 Oct 2019 - 12:12 am | Last Updated: 16 Nov 2021 - 11:07 am

The Peninsula

DOHA:  The Qatar Central Securities Depository (QCSD), through Qatar Central Bank (QCB), issued Treasury bills (T-Bills) with a combine value of QR600m during the month of September. The T-Bills are of varying maturity periods— three months, six months and nine months, official data released yesterday show.

The QCSD presented its main procedures during the month of September. According to the report, QCSD registered treasury bills issued by Qatar Central Bank (QCB). Treasury bills (T-Bills) which were registered with a date of issue on September 3 included three-month treasury bills with the value of QR300m. The total number of T-Bills issued was 30,000 and a maturity date of 03/12/2019. It also included six-month treasury bills issued with the value of QR200m. The total number of T-Bills issued was 20,000 and a maturity date of 03/03/2019, reports QNA.

The QCSD also registered nine-month treasury bills issued by QCB with the value of QR100m. The total number of T-Bills issued was 10,000 and a maturity date of 02/06/2020.

QCSD also modified the foreigners’ ownership limit of Alijarah Holding to be 49 percent of the capital, which is equal to 242,452,980 shares.

In the Report, QCSD presented its main procedures during the month of September, which included custody, registration, management, acquisition, clearing and settlement of securities and derivatives and other financial instruments; the provision of related financial services; the transfer of ownership of executed contracts through trading and remittances; in addition to the implementation of all mortgage and decommissioning and foreclosure operations at the request of the relevant parties. QCSD also updated a number of shareholders’ statements and added new shareholders.

The Company called on shareholders to update their information and add a bank account (IBAN) to receive cash dividends so that they can be transferred directly to these accounts.

In its monthly report, QCSD provided figures and statistics illustrating the main activities carried out during September. In ownership transfer of the third market, the QCSD conducted 215 family transfers. The company also conducted 462 inheritance transfers and 32 exception transfers were made in September.

The number of shareholders recognized in the company’s system during September reached 387,995 shareholders, while the number of shareholders with a bank account was 54,670 shareholders. Also in September, 73 mortgage transactions were registered and 433 mortgage release transactions were issued. The company also registered 84 account opening operations and issued 7,955 account statements in addition to 124,001 to whom it may concern certificates were issued in April.