Qatar Central Bank (QCB) issued treasury bills worth QR 1 billion for a one-week term in February, due on March 2, at an interest rate of 5.0050 percent.
QCB had issued treasury bills worth QR 3 billion for a one-week term in February.
The auction is among the mechanisms for promoting issuances announced by the QCB on Sep. 21, 2022.
Central banks usually aim, through the periodic monthly issuance of treasury bills or short-term Islamic sukuk in favor of local banks, to control liquidity rates and the money supply in the market.
