Qatar Central Bank Issues $741.3 Million In Treasury Bills Across Various Maturities

Jibran Munaf
Jibran Munaf

Image: Reuters Images | Mohamad Dabbouss

The Qatar Central Bank (QCB) announced the issuance of treasury bills totaling QR2.7 billion ($741.3 million), covering a range of maturities from 7 days to 364 days. This multi-maturity issuance aims to support liquidity management and provide investment options for financial institutions in the country.

According to QCB’s post on the platform X, the distribution of treasury bills and their corresponding interest rates are as follows:

  • 7-day bills: QR500 million, supplementing an existing issue, with an interest rate of 5.217%.
  • 28-day bills: QR500 million, supplementing an existing issue, with an interest rate of 5.179%.
  • 91-day bills: QR500 million, supplementing an existing issue, with an interest rate of 5.037%.
  • 182-day bills: QR500 million, as a new issue, with an interest rate of 4.850%.
  • 273-day bills: QR500 million, as a new issue, with an interest rate of 4.726%.
  • 364-day bills: QR200 million, as a new issue, with an interest rate of 4.655%.

QCB reported that bids for these treasury bills reached QR11 billion, indicating substantial demand among investors for short-term securities in Qatar’s financial market. This latest issuance is part of QCB’s ongoing strategy to stabilize liquidity and offer viable short-term investment instruments for local and regional investors.