Thursday 5 July 2012

Gulf Times – Qatar T-bill yields down sharply amid excess liquidity

Qatari Treasury bill yields fell sharply at this week’s 4bn riyal ($1.1bn) auction by the central bank as local banks offered lower bids.
The Qatar Central Bank sold 1bn riyals of nine-month notes at an average yield of 1.98%, down 38 basis points from last month’s sale, bankers in Doha said.
It also sold 1bn riyals of six-month notes at 1.89%, down from 2.02% in June, and 2bn riyals of three-month bills at 1.46%, down from 1.48%.

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