The Exchange already trades government bills, with maturities less than one year. Qatar Central Bank issues these bonds on behalf of the State of Qatar. Tradable units of these bonds will have a par value of 10,000 QAR (Qatari Riyal). One riyal is divided into 100 dirhams.
Worth mentioning a few facts on the current trading in bills... these are issued as a monetary policy tool, one of the applications is to regulate the money supply and influence interest rates. They are issued at a discount to face value. At maturity, the investor receives the full par value. The difference between price paid and par value represents the return to the investor.
Worth mentioning a few facts on the current trading in bills... these are issued as a monetary policy tool, one of the applications is to regulate the money supply and influence interest rates. They are issued at a discount to face value. At maturity, the investor receives the full par value. The difference between price paid and par value represents the return to the investor.
