Qatar central bank invites bids for 1.5 bln riyal T-bills

April 4, 2016 6:52 AM

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DOHA/DUBAI, April 4 The Qatar central bank has invited banks to bid in a 1.5 billion riyal ($412 million) Treasury bill auction to be held on Monday, a central bank official said.

"The auction is for 1.5 billion but it depends on liquidity in the market. If there is a demand for more than 1.5 billion, we might go up - we have to study the bids," said Adel Bakr, assistant director for public debt and banking affairs at the central bank.

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