Qatar central bank sells 1.2 bln riyals T-bills

July 12, 2016 10:21 AM

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DOHA, July 12 Qatar's central bank sold 1.2 billion riyals ($330 million) of Treasury bills in a monthly auction on Tuesday, as yields fell from last month's sale suggesting an easing of liquidity.

The central bank sold 800 million riyals of three-month bills at a yield of 1.51 percent, 200 million riyals of six-month bills at 1.67 percent and 200 million riyals of nine-month bills at 1.72 percent, it said. Demand for the sale totalled 3.16 billion riyals.

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