QCB issues treasury bills worth QR1.3 billion
In a post on X platform on Thursday, 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, QR200 million for a 28-day term (New Issuance) at an interest rate of 4.611 percent, QR200 million for a 91-day term (Tap Issuance) at an interest rate of 4.546 percent, QR200 million for a 189-day term (Tap Issuance) at an interest rate of 4.461 percent, QR100 million for a 252-day term (Tap Issuance) at an interest rate of 4.415 percent, and QR100 million for a 336-day term (Tap Issuance) at an interest rate of 4.365 percent.
According to QCB, the total auction bids for the treasury bills amounted to QR4.4 billion.
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