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Qatar to sell QR4bn in bonds, sukuk

  • Qatar: Sunday, March 10 - 2013 at 06:23

The Qatari central bank is set to sell QR4bn ($1.1bn) of three-year and five-year bonds and sukuk, Reuters has reported. The bank will offer local banks QR3bn worth of bonds and QR1bn worth of Shari'ah-compliant notes. In January, the International Monetary Fund's mission chief for Qatar said that the objective behind an issuance would be to build a domestic sovereign yield curve.

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