Middle East Economic Survey
VOL. LIV
No 4
24-Jan-2011
QATAR
QCB Issues $13.7Bn In Bonds To Mop Up Liquidity
The Qatar Central Bank (QCB) issued QR50bn ($13.7bn) worth of local currency bonds on 16 January to domestic banks in order to mop up liquidity. The paper has a three-year maturity and 5% yield, with QR33bn ($9.06bn) going to conventional banks and QR17bn ($4.67bn) to Islamic banks. This follows a similar move in mid-2010, when QCB issued its first domestic bonds. It provided QR10bn...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!