Qatar Plans $1.1B T-Bills Sale

Qatar is planning to raise $1.1 billion through a sale of Treasury bills, Bloomberg reports. The three-month T-bills will be split equally between Islamic and non-Islamic securities and will be sold on Aug. 8, 2011.

Qatar has sold $2.74 billion of T-bills of different maturities on a monthly basis in 2011. The recent issuance will be the fourth by Qatar’s central bank.

Click here for the story from Bloomberg.