The Qatar Central Bank (QCB) bills auction received bids worth QR10.5bn, while the total allocated amount was QR2.7bn, the central bank announced on Thursday.

The allocations were for six tenors ranging from seven days to 350 days, the QCB said, adding the new issuance allocation amounted to QR2bn and tap issuance stood at QR700mn.

QR500mn was allocated for a new issuance for seven days with a yield of 4.918%.

QR500mn was allocated for a new issuance for 28 days with a yield of 4.896%.

QR500mn was allocated for a new issuance for 91 days with a yield of 4.837%.

QR500mn was allocated for a tap issuance for 168 days with a yield of 4.783%.

QR500mn was allocated for a new issuance for 273 days with a yield of 4.734%.

QR200mn was allocated for a tap issuance for 350 days with a yield of 4.712%, QCB said.
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