Latest news with #QR500
Qatar Tribune
02-08-2025
- Business
- Qatar Tribune
QCB issues treasury bills worth QR1.3 billion
Qatar Central Bank (QCB) has issued treasury bills for maturities of 7 days, 28 days, 91 days, 189 days, 252 days, and 336 days, 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.
Qatar Tribune
05-07-2025
- Business
- Qatar Tribune
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.
Qatar Tribune
03-07-2025
- Business
- Qatar Tribune
QCB allots QR1.75 bn in bill auction, draws QR5 bn in bids
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.
Qatar Tribune
26-06-2025
- Business
- Qatar Tribune
CB issues three-year bonds worth QR500 mnsuccessfully
QNA Doha Commercial Bank, a Qatari public shareholding company, successfully issued a 3-year tenor, QR500 million senior-unsecured bonds with a coupon of 4.9 percent. In a statement published on the Qatar Stock Exchange (QSE) website on Thursday, the bank noted that the bonds were issued under its EMTN program and are listed on the Euronext Dublin. The bank said that the successful completion of this transaction underscores the robustness of the Qatari economy and Commercial Bank's strong credit fundamentals and reaffirms the bank's standing as a leading financial institution in the region with a strong presence in the domestic and international capital markets. DBS Bank and Standard Chartered Bank acted as the joint lead managers for the issuances, according to the statement. Commercial Bank Group CEO Joseph Abraham said, 'This initiative reaffirms Commercial Bank's leadership in bringing new instruments to our local and international institutional and retailinvestor bases.' 'The strong investor response reaffirms the confidence in the bank and the State of Qatar and credit ratings reflect our proactivity in risk management and robust liquidity; both of which are integral to executing our corporate strategic vision,' he added. The proceeds from the bonds will support the bank's funding diversification strategy and long-term growthobjectives.
Qatar Tribune
08-05-2025
- Business
- Qatar Tribune
QCB issues QR 2.9 billion in T bills amid robust investor interest
Tribune News Network Doha The Qatar Central Bank (QCB) successfully concluded its latest treasury bills auction on Thursday, allocating a total of QR2.9 billion against bids amounting to QR10 billion. The auction, which covered various tenors ranging from seven days to 336 days, attracted strong interest from financial institutions, reflecting robust confidence in the Qatari economy and the central bank's monetary instruments. According to QCB, the allocations were spread across seven different maturities. A new issuance of 7-day bills accounted for QR500 million at a yield of 4.610 percent. The highest yield of the auction, 4.618 percent, was offered on the 21-day bills, which were issued through a tap issuance mechanism and also amounted to QR500 million. The 84-day bills, likewise a tap issuance, attracted a yield of 4.556 percent with an allocation of QR500 million. For medium-term tenors, the central bank allocated QR500 million for 175-day bills at a yield of 4.367 percent through a tap issuance. Meanwhile, a new issuance of 273-day bills also garnered QR 500 million, yielding 4.265 percent. The longest tenor in the auction, the 336-day bills, saw a tap issuance of QR400 million at a yield of 4.237 percent—the lowest among all maturities. The yields across tenors suggest a mildly upward-sloping short-term yield curve, particularly in the early durations, followed by a gradual decline for longer maturities. This pattern indicates market expectations of stable or potentially easing interest rates over the coming months. The sizable demand—more than three times the allocated amount—demonstrates the attractiveness of QCB bills as a low-risk investment avenue and highlights the liquidity management needs of Qatari banks and financial institutions. The combination of new and tap issuances also reflects the central bank's agile approach to managing liquidity while supporting price discovery in the money market. QCB's continued issuance of bills at regular intervals plays a critical role in reinforcing monetary stability and anchoring short-term interest rates in line with its broader economic objectives. The success of this auction further underscores the central bank's credibility and the resilience of Qatar's financial system.
