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Business / Qatar Business

QCB issues treasury bills

Published: 27 Feb 2023 - 08:50 am | Last Updated: 27 Feb 2023 - 08:50 am

QNA

Doha: Qatar Central Bank (QCB) issued treasury bills worth QR1bn for a one-week term in February, due on March 2, at an interest rate of 5.0050 percent. 

QCB had issued treasury bills worth QR3bn for a one-week term in February.  Central banks usually aim, through the periodic monthly issuance of treasury bills or short-term Islamic sukuk in favor of local banks, to control liquidity rates and the money supply in the market.