Qatar T-bill yields jump to year-highs:
"Yields at a Qatari Treasury bill auction jumped yesterday to their highest level in at least a year, signalling unusually tight money market liquidity which traders attributed to geopolitical tensions.
The yield on 182-day T-bills surged to 1.36%, the highest level since the Qatar Central Bank started to publish auction results in October 2012, from 1.15% last month.
“During the height of the Syrian issue there were a few investors who sold equities and they needed to buy dollars to get out,” said a bank trader who declined to be named under briefing rules. “Banks bought dollars from the central bank at the time and that took some liquidity away. That has not come back.”"
'via Blog this'
No comments:
Post a Comment