Qatar Central Bank issued QR3 billion of government ijara sukuk on behalf of the Ministry of Finance, drawing bids worth QR7.1 billion, the central bank said on Tuesday.
The issue was split into two tranches of QR1.5 billion each, both of them additions to existing sukuk issues, according to the Qatar News Agency.
The first tranche matures on January 16, 2029, and carries a yield of 5.40%.
The second tranche matures on August 19, 2031, with a yield of 5.65%.
Total bids were about 2.4 times the amount offered.
