Qatar Central Bank (QCB) issued treasury bills worth QR 500 million for a one-week term, due on Sep. 28, at an interest rate of 5.7550 percent.
Earlier this month, QCB issued treasury bills for one week that amounted to QR one billion.
Treasury bills are a short-term debt instrument issued by the government for the purpose of borrowing and providing cash liquidity in short terms, with control over the volume of the money supply and the purchasing power put into circulation.
Source: Qatar News Agency