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FINANCIAL NEWS
Qatar Central Bank to issue no government bonds
02 Feb 2011
(MENAFN) Sheikh Abdullah bin Saud Al Thani, Qatar’s Governor, said that no government bonds would be issued by Qatar’s central bank at this point in time and that the central bank is content with its new liquidity measure effects, reported The Peninsula.
Al Thani said that as an attempt to attract liquidity from local banks, the central bank had previously offered domestic bonds worth $13.7b.
Al Thani said that the central bank might be forced to issue bonds to attract liquidity in the market in case of having to deal with increasing inflation, which was predicted between 0 and 1 percent in 2011.
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