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Qatar’s c.bank to auction QAR4 bln in T-bills Tuesday

Qatar’s c.bank to auction QAR4 bln in T-bills Tuesday
Qatar Central Bank (QCB) will hold an auction next Tuesday to sell treasury bills at a total value of QAR 4 billion.
The issuance comprises 3- , 6- and 9-month treasury bills at QAR 2 billion (maturity on December 2, 2014), QAR 1 billion (maturity on March 3, 2015) and QAR 1 billion (maturity on June 2, 2015) respectively.
Banking experts said tremendous turnout by local banks is expected, as treasury bills achieve the highest yields with no risks.