Economic Update
The Qatar Central Bank has successfully issued local treasury bills amounting to 700 million riyals distributed over two segments:
The initial tranche totals 500 million riyals and has a duration of one week.
The subsequent tranche amounts to 200 million riyals with a maturity period of 28 days, offering an average yield of 4.6%.
Recent data from the Qatar Central Bank indicates that the cumulative balance of local treasury bills has reached 14.85 billion riyals.
Treasury bills are classified as short-term financial instruments issued by the government primarily for the purpose of borrowing. They provide immediate cash liquidity with brief maturities, thereby playing a vital role in influencing the overall monetary supply and the purchasing power in circulation.
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