DUBAI: The Qatar Central Bank has invited banks to bid in a QR1bn ($275m) Treasury bill auction to be held today, according to a document.
The bills would be sold in three-, six- and nine-month tranches, with results of the monthly sale to be revealed on Thursday, the document showed.
Between January and March, the central bank cancelled monthly sales of T-bills because of tightening liquidity in the banking system due to low oil and gas prices. But since then, liquidity has improved somewhat, and the sales have resumed. In the last sale on August 2, it issued QR1.2bn of bills.
DUBAI: The Qatar Central Bank has invited banks to bid in a QR1bn ($275m) Treasury bill auction to be held today, according to a document.
The bills would be sold in three-, six- and nine-month tranches, with results of the monthly sale to be revealed on Thursday, the document showed.
Between January and March, the central bank cancelled monthly sales of T-bills because of tightening liquidity in the banking system due to low oil and gas prices. But since then, liquidity has improved somewhat, and the sales have resumed. In the last sale on August 2, it issued QR1.2bn of bills.
