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Business / Qatar Business

QCB issues treasury bills worth QR1bn due Feb 23

Published: 17 Feb 2023 - 10:02 am | Last Updated: 17 Feb 2023 - 10:02 am
Peninsula

QNA

Doha: Qatar Central Bank (QCB) issued Treasury Bills worth QR1bn for a one-week term in February, due on Feb. 23, at an interest rate of 5.0050 percent. The value of treasury bills issued by QCB for a period of one week during the month of February amounted to QR2bn.

The auction is among the mechanisms for promoting issuances announced by the QCB on Sep. 21, 2022. Last week, QCB issued treasury bills and Islamic sukuk for terms of a week, one month, three, six and nine months, with a value of QR5bn, indicating that the total value of bids submitted amounted to QR8.530bn.