QCB issues QR600 million treasury bills for April 2021
The Peninsula
Doha: Qatar Central Bank (QCB) issued treasury bills for three, six and nine months for April 2021, with a value of QR 600 million.
According to a statement posted on QCB website, the treasury bills are distributed as follow: QR 300 million for three months at an interest rate of 0.12%, QR 200 million for six months at an interest rate of 0.14%, and QR 100 million for nine months at an interest rate of 0.16%. The issuance of the treasury bills comes as part of Qatar Central Bank's monetary policy initiatives and its efforts to strengthen the financial system as well as to activate the tools available for the open market operations.More Related News