Mubasher: Qatar will pay an amount of QAR 3.6 billion ($1 billion) in settling local bond and sukuk issues maturing during the fourth quarter of 2018, according to a recent survey released by Mubasher.

As for local bonds, the last three months of 2018 will see the maturity of two local issues worth QAR 1.4 billion on 11 November and QAR 1.4 billion on 10 December, respectively.

Qatar Central Bank (QCB) has sold around 42 bond issues with a total amount of QAR 70.30 billion since June 2009.

In 2018, the gas-rich nation's central bank issued 5 government bond offerings with at a total of QAR 13.75 billion.

Sukuk

During the period between September and December, the world's richest country per capita will see the maturity of two sukuk issues with a total amount of QAR 700 million. The first offering stood at QAR 200 million, maturing on 11 November, while the second worth QAR 500 million, with a maturity date of 10 December.

QCB has issued around 36 Islamic bond issues over the period between 2013 and 2018 with a combined value QAR 41.97 billion.

Meanwhile, the bank has raised QAR 8.1 billion through 5 sukuk issues this year.

T-bills

The last quarter of 2018 will witness the maturity of 8 treasury bills with a total value of QAR 3.05 billion.

 

Translated by: Kholoud Mohamed Hussein

Source: Mubasher Exclusive

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