FINANCIAL NEWS

Qatar to start trading T-bills in bourse: CB

27 Dec 2011

(MENAFN) Qatar’s central bank Governor, Sheikh Abdullah bin Saud Al-Thani, said that the country is ready to list government short-term Qatari Treasury bills for trade on its bourses, reported Arab News.

The Governor said that the trade in short term T-bills would begin by the end of this week, while trade in government and Islamic bonds would be introduced in what he called a later stage.

Sheikh Abdullah said the decision would make Qatar’s secondary market prices more transparent and stable, which would result in more market activity and stimulation.

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