QCB Issues Government Bonds Worth QR 400 Million

QCB issues government bonds worth QR 400 Million

The Qatar Central Bank (QCB) issued Tuesday government bonds on behalf of the Ministry of Finance, valued at QR 400 million.

In a statement, QCB outlined the varying maturities of the bonds as follows: QR 250 million (Tap Issuance), maturity date Sep. 3, 2028, with a yield of 4.90 percent; and QR 150 million (Tap Issuance), maturity date August 19, 2031, with a yield of 5.30 percent.

QCB noted that total bids for the bonds reachedQR4billion.

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