7th APRIL 2015 - Vol.XXXVIII No.018
Business News

$300m sukuk set

ABU DHABI: Qatar's Central Bank said yesterday it would issue one billion Qatari riyals ($300 million) worth of sukuk and 3bn riyals worth of bonds next week.

The debt will be issued on Monday and will include a three-year, 500m riyal sukuk and a five-year, 500m riyal sukuk, a statement said.

The issue will also include a 1.5bn riyal three-year bond and a 1.5bn riyal five-year bond.

Qatar had previously said local currency debt would be issued every quarter, half with three-year maturities and half for five-year terms.

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