Qatar Central Bank sold QR15bn ($4.1bn) of conventional and Islamic government bonds on Sunday in its first domestic government debt offer this year, a bank official said yesterday. “We issued 7bn in bonds in an auction that was oversubscribed by QR100mn – 8bn in sukuk was issued as well,” said the official without giving further details. A document seen by Reuters showed the central bank offered three-year bonds at 2.50%, five-year bonds at 3.10%, seven-year bonds at 3.75%, and 10-year bonds at 4.25%. The document did not specify how many bonds would be sold, but commercial bankers said they believed the issue would offset the maturing of about QR15bn of government bonds this month.
Qatar to host meeting
for major Syria donors
HE Dr Ahmed bin Mohamed al-Muraikhi, the UN Secretary General’s envoy for humanitarian affairs, has announced that Qatar will host the next meeting for the major Syria donors so as to continue Kuwait’s efforts in following up on the humanitarian situation and working to provide effective humanitarian and development response to enhance the capacity of affected Syrians to tackle humanitarian challenges. Addressing the ninth meeting for the major donors of Syria in Kuwait, Dr al-Muraikhi stressed his support for the fifth international donors’ conference that will take place on April 6-7 in Brussels under the sponsorship of the European Union with the aim of assisting the humanitarian situation in Syria and inviting donor countries and entities to continue their support in light of the increasing needs of the displaced Syrians and refugees.
in brief
