Doha: The Qatar Central Bank (QCB) has issued treasury bills valued at QR 2.7 billion, covering maturities ranging from 7 days to 350 days. The announcement was made via a post on the X platform on November 15, 2024.
The distribution of the treasury bills is as follows:
QR 500 million for 7 days (new issuance) at an interest rate of 4.9180%
QR 500 million for 28 days (new issuance) at an interest rate of 4.8960%
QR 500 million for 91 days (new issuance) at an interest rate of 4.8370%
QR 500 million for 168 days (tap issuance) at an interest rate of 4.7830%
QR 500 million for 273 days (new issuance) at an interest rate of 4.7340%
QR 200 million for 350 days (tap issuance) at an interest rate of 4.7120%
Robust Demand in Auction
The QCB revealed that the total auction bids for the treasury bills reached QR 10.5 billion, indicating strong demand from investors for these government securities.
Treasury bills are short-term financial instruments that play a key role in managing liquidity within the banking sector, supporting monetary policy objectives, and fostering a stable financial environment.
