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Qatar cbank to issue $1.1bn in bonds, sukuk

Doha, September 5, 2013

Qatar's central bank plans to issue 3 billion riyals ($824 million) worth of local currency government bonds and 1 billion riyals of sukuk next week, it said on Thursday.

The debt, to be issued on Sept. 10, will include three-year and five-year tranches of both conventional and Islamic bonds, the central bank said on its website www.qcb.gov.qa.

Qatar, which pegs its riyal currency to the U.S. dollar, launched quarterly government bond sales in March to expand the central bank's policy arsenal and help banks manage liquidity. – Reuters




Tags: Qatar | Central Bank | sukuk | bonds |

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