QCB'S SUCCESSFUL BOND OFFER
An offer of QR3 billion ($825 million) of government bonds, the first domestic government bond offer this year, was successful and showed liquidity in the Qatari banking system is healthy, said Qatar Central Bank.
The offer comprises QR1.5 billion of three-year bonds, QR1 billion of five-year debt, QR250 million of seven-year debt and QR250 million of 10-year debt. It's QCB's first such issue since it sold QR6.5 billion of conventional bonds and sukuk last November, according to bank data. Reportedly, it was a very successful auction with big demand from both Islamic and conventional banks.