Mubasher: The Qatar Central Bank (QCB) revealed that the Qatari government had sold QAR 33.9 billion ($9.31 billion) in local bonds and sukuk in 2017 as part of its strategy to regulate liquidity.

Issues included QAR 15.4 billion ($4.23 billion) in sukuk and QAR 18.4 billion ($5 billion) in bonds, data released by the QCB showed on Wednesday.

Ten-year issues, for both sukuk and bonds, made up the largest portion, 61.5%, of the issues, totally QAR 20.8 billion, while seven-year issues amounted to QAR 9.6 billion, five-year issues reached QAR 2.85 billion, and three-year issues stood at QAR 550 million last year.

In the first year of the political rift between Qatar and neighbouring Arab countries: Saudi Arabia, the UAE, Bahrain, and Egypt, Qatar’s local and international borrowing amounted to $17.1 billion, data compiled by Mubasher showed. Qatar's diplomatic rift began in June 2017.

The Qatari government issued QAR 18.75 billion in local debt added to offering $12 billion in international debt divided on three tranches.