QCB Issues Government Bonds, Sukuk Worth of QR 4.65 Billion

Doha: The Qatar Central Bank (QCB) issued Government Bonds and Sukuk for tenors of two, three, five, and seven years worth QR 4.65 billion. On its website, QCB said on Tuesday that the issuance of the treasury bills came as follows: QR 1.65 billion for two years tenor with a 5 percent interest rate, QR 1 billion for three years tenor for a 4.80 percent interest rate, QR 1 billion for five years tenor for a 4.75 percent interest rate, and QR 1 billion for seven years tenor for 5 percent rate. The offered bids reached QR 13.95 billion. Source: Qatar News Agency