Arab Today, arab today qatar treasury bills to start trading on securities exchange
Last Updated : GMT 12:04:57
Arab Today, arab today
Arab Today, arab today

Qatar treasury bills to start trading on securities exchange

Arab Today, arab today

Arab Today, arab today Qatar treasury bills to start trading on securities exchange

Doha - Arabstoday

Qatar has completed procedures to list government debt instruments for trade on its securities exchange, aiming to stimulate investment in them by commercial banks and other institutions, the central bank said on Monday. Trade in short-term Qatari Treasury bills will begin on the Qatar Exchange this Thursday, central bank governor Sheikh Abdullah bin Saud Al Thani said in a statement, with trade in government bonds and sukuk [Islamic bonds] to start \"at a later stage\". Listing Qatari government bills and bonds on an exchange, rather than limiting trade to opaque over-the-counter dealings between banks, could make their secondary market prices more transparent and stable, increasing trading activity. A more active debt market could in turn encourage companies to issue more bonds, reducing their reliance on bank lending, which has been hurt even in the wealthy Gulf region by jitters over the euro zone debt crisis. \"The secondary market in bonds will encourage companies to issue debt instruments and will boost liquidity on the stock market of Qatar,\" the central bank statement said. Since May the central bank in Qatar, the world\'s largest natural gas exporter, has been issuing about QR2bn ($550m) worth of T-bills monthly with maturities ranging from three to nine months, to drain excess funds from the banking system and help create a domestic yield curve. Qatari banks held about QR8bn of T-bills at the end of September. Qatar has been preparing steps to deepen its debt market for many months, but has proceeded cautiously. In March, the Qatar Exchange\'s chief executive Andre Went said the bourse was considering whether to allow trading of bonds by the second quarter of this year, and would start with trading of government debt before slowly moving to corporate bonds.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar treasury bills to start trading on securities exchange Arab Today, arab today qatar treasury bills to start trading on securities exchange

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar treasury bills to start trading on securities exchange Arab Today, arab today qatar treasury bills to start trading on securities exchange

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday