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QCB issues treasury bills worth QR1.75 billion

QCB issues treasury bills worth QR1.75 billion

Qatar Tribune20 hours ago
DOHA: Qatar Central Bank (QCB) has issued treasury bills for maturities of 7 days, 28 days, 91 days, 189 days, 280 days, and 364 days, worth QR1.75 billion.
In a post on the X platform, QCB said that the treasury bills issued were distributed as follows: QR500 million for a 7-day term (New Issuance) at an interest rate of 4.610 percent, QR250 million for a 28-day term (Tap Issuance) at an interest rate of 4.620 percent, QR250 million for a 91-day term (Tap Issuance) at an interest rate of 4.516 percent, QR250 million for a 189-day term (Tap Issuance) at an interest rate of 4.385 percent, QR250 million for a 280-day term (Tap Issuance) at an interest rate of 4.289 percent, and QR250 million for a 364-day term (New Issuance) at an interest rate of 4.220 percent.
According to QCB, the total auction bids for the treasury bills amounted to QR5 billion.
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QCB issues treasury bills worth QR1.75 billion
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QCB issues treasury bills worth QR1.75 billion

DOHA: Qatar Central Bank (QCB) has issued treasury bills for maturities of 7 days, 28 days, 91 days, 189 days, 280 days, and 364 days, worth QR1.75 billion. In a post on the X platform, QCB said that the treasury bills issued were distributed as follows: QR500 million for a 7-day term (New Issuance) at an interest rate of 4.610 percent, QR250 million for a 28-day term (Tap Issuance) at an interest rate of 4.620 percent, QR250 million for a 91-day term (Tap Issuance) at an interest rate of 4.516 percent, QR250 million for a 189-day term (Tap Issuance) at an interest rate of 4.385 percent, QR250 million for a 280-day term (Tap Issuance) at an interest rate of 4.289 percent, and QR250 million for a 364-day term (New Issuance) at an interest rate of 4.220 percent. According to QCB, the total auction bids for the treasury bills amounted to QR5 billion.

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Tribune News Network Doha In a move aimed at managing liquidity in the banking sector and reinforcing its monetary policy framework, the Qatar Central Bank (QCB) successfully concluded its latest auction of QCB bills on Thursday, allocating a total of QR1.75 billion to participating banks. The auction attracted bids worth QR5 billion, reflecting strong demand for the central bank's liquidity management instruments. The allocation was spread across various tenors ranging from 7 days to 364 days and included both new issuances and tap issuances. A new issuance for a 7-day tenor accounted for the highest single allocation, with QR500 million allotted at a yield of 4.610 percent. The highest yield in the auction was recorded for the 28-day tenor tap issuance, which saw an allocation of QR250 million at a yield of 4.620 percent. A 91-day tenor, also through tap issuance, was allocated QR250 million at a yield of 4.516 percent. The 189-day tap issuance attracted the same amount, with a slightly lower yield of 4.385 percent. Longer-dated maturities included a 280-day tap issuance and a 364-day new issuance, each with allocations of QR250 million. These carried yields of 4.289 percent and 4.220 percent, respectively — the lowest among all the tenors offered in this round. The mix of new and tap issuances shows QCB's flexible strategy in supporting market liquidity and sustaining a predictable short-term yield curve. Tap issuances, in particular, offer the central bank an efficient tool to reissue existing bills in response to market appetite. The successful completion of this auction underscores QCB's ongoing commitment to effective monetary policy operations and its proactive role in ensuring liquidity management within Qatar's banking system.

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