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QCB bills auction receives bids worth QR13.1bn; total allocated amount QR4.5bn

The allocations were for six tenors ranging from seven days to 336 days, according to the Qatar Central Bank

The allocations were for six tenors ranging from seven days to 336 days, according to the Qatar Central Bank

Qatar Central Bank (QCB) bills auction received bids worth QR13.1bn in place of the total allocated amount of QR4.5bn, the central bank announced on Thursday.

The allocations were for six tenors ranging from seven days to 336 days, QCB said.

QR300mn was allocated for a tap issuance for seven days with a yield of 5.7815%.

QR1bn was allocated for a tap issuance for 35 days with a yield of 5.7363%.

QR1bn was allocated for a tap issuance for 91 days with a yield of 5.5390%.

QR1bn was allocated for a tap issuance for 182 days with a yield of 5.1730%.

QR1bn was allocated for a tap issuance for 273 days with a yield of 4.8888%.

QR200mn was allocated for a tap issuance for 336 days with a yield of 4.7478%, QCB said.

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