Tribune News Network
Doha
The Qatar Central Bank (QCB) has issued treasury bills (T-bills) with a total value of QR 4.5 billion across various maturities to manage liquidity in the financial system and meet the short-term funding needs of the government. The issuance, which was announced on the X platform on Thursday, reflects QCB’s ongoing efforts to provide safe investment options and maintain monetary stability in the country.
The treasury bills have been issued with maturities of 7 days, 35 days, 91 days, 182 days, 273 days, and 336 days. The breakdown of the issuance is as follows: QR 300 million for a 7-day period (Tap Issuance) at an interest rate of 5.7815 percent; QR 1 billion for a 35-day period (Tap Issuance) at an interest rate of 5.7363 percent; QR 1 billion for a 91-day period (Tap Issuance) at an interest rate of 5.5390 percent; QR 1 billion for a 182-day period (Tap Issuance) at an interest rate of 5.1730 percent; QR 1 billion for a 273-day period (Tap Issuance) at an interest rate of 4.8888 percent; and QR 200 million for a 336-day period (Tap Issuance) at an interest rate of 4.7478 percent.
The total private bids for the T-bills amounted to QR 13.1 billion, highlighting the strong demand from investors. This high demand is a testament to investor confidence in Qatar’s economic stability and the effectiveness of its financial policies. Treasury bills are short-term debt instruments issued by central banks to raise funds for government needs and control money supply and inflation. They are considered one of the safest investment options, offering fixed returns over short periods.
The issuance of treasury bills is a key mechanism for QCB to influence short-term interest rates and ensure adequate liquidity in the financial market, supporting the broader goal of financial stability in Qatar. These instruments play a critical role in the country’s monetary policy toolkit, helping to maintain economic stability and manage the money supply efficiently.
