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Qatar central bank has no plans to offer govt bonds

Posted on 02 February 2011

From Arabianbusiness.com: Qatar’s central bank has no plans to offer more government bonds at the moment and it is happy with the impact of its recent new liquidity measure, Governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.
The OPEC member’s central bank issued domestic bonds worth $13.7bn last month to absorb liquidity from local banks. The monetary authority also limited the amount of excess cash banks could earn interest on, which analysts said was aimed at spurring lending in the world’s top liquefied natural gas exporter……………………………………….Full Article: Source

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