Qatar Central Bank Issues QR 4.1 Billion Government Ijara Sukuk

Doha:Qatar Central Bank (QCB) announced the issuance of Government Ijara Sukuk totaling QR 4.1 billion on behalf of the Ministry of Finance.

According to Qatar News Agency, the Sukuk comes with different maturity periods QR 2.05 billion is set to mature on January 16, 2029, with a yield of 5.30 percent, while another QR 2.05 billion will mature on August 19, 2031, with a yield of 5.55 percent.

The total bids received for the Sukuk amounted to approximately QR 9.2 billion.