Qatar 92-Day, 274-Day T-Bill Yields Narrow, 183-Day Yields Widen

Qatar treasury bill yields on today’s 92-day and 274-day issuances narrowed as yields for the 183 day bills widened, according to releases posted on the central bank Website.

Qatari T-bills maturing April 2 yielded 0.87 percent, down from 0.9 percent for 92-day bills in the last issuance on Dec. 4, according to the releases. T-bills maturing Oct. 1 yielded 1.14 percent, down from 1.15 percent. Bills maturing July 2 yielded 1.06 percent, up from 1.03 percent.

Qatar issued 4 billion riyals worth of treasury bills today, according to an earlier release. The world’s biggest producer of liquefied natural gas began issuing treasury bills in May 2011 to soak up funds and build a yield curve for borrowers. The country started listing them on the Qatar Exchange in December 2011.

To contact the reporter on this story: Robert Tuttle in Doha at rtuttle@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net