Doha, Qatar – The Qatar Central Bank (QCB) has issued QR 3.5 billion (£700 million) worth of treasury bills this week, offering short-term investment opportunities for local banks and financial institutions. The issuance comes as part of QCB’s regular auction of government securities aimed at managing liquidity in the banking sector.
The treasury bills were issued for maturities ranging from one week to nine months, allowing investors to park surplus funds for varied tenure periods. The one-week bills were issued at an interest rate of 5.75 per cent, one-month at 5.81 per cent, three-month at 5.89 per cent, six-month at 5.95 per cent and nine-month bills offered 6 per cent returns.
QCB conducts these auctions every week, thereby providing safe short-term investment tools for local banks flush with liquidity. The central bank stated that robust participation from lenders reflects growing confidence in Qatar’s economy and debt markets. For investors, the regular auctions offer secure instruments to earn steady returns on spare liquidity.
