UPDATE 1-Qatar c.bank to sell 24 bln riyals in bonds, sukuk | Reuters:
"Qatar's central bank plans to issue on Thursday conventional and Islamic government bonds worth a combined 24 billion riyals ($6.6 billion), it said on Monday, a much larger amount than it has offered in past quarterly debt auctions.
This week's local currency debt will be sold in three- and five-year tranches. The conventional bonds will be worth 13 billion riyals, while the rest of the issuance will be in the form of sukuk, the central bank said on its website.
The large issue is designed to replace part of an even bigger issue of 50 billion riyals worth of three-year government bonds that were issued in January 2011, as part of the central bank's efforts to manage loose money market liquidity.
Last March, the central bank launched quarterly bond sales worth a total of 4 billion riyals, allocated directly to banks."
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