Qatar Central Bank Issued Four Sukuk for QAR1.6 billion
today
04 September 2016 GMT
The Central Bank of Qatar issued on behalf of the Government of Qatar four Sukuk in August as follows:
- A three year issuance for QAR 600 million at a profit rate of 2.25% from a order book of QAR 900 million.
- A five year issuance for QAR 500 million at a profit rate of 2.75% from a order book of QAR 1.3 billion.
- A seven year issuance for QAR 250 million at a profit rate of 3.25% from a order book of QAR 1.05 billion.
- A 10 year issuance for QAR 250 million at a profit rate of 3.75% from a order book of QAR 950 million.
The issuances were allocated to the domestic Qatari market.