Qatar central bank offers riyal bonds

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Qatar’s central bank is offering government bonds with maturities of three, five, seven and 10 years, according to an offer document seen by Reuters.

The bonds will offer interest rates of 2.75 percent for the three-year tranche, 3.35 percent for the five-year, four percent for the seven-year, and 4.5 percent for the 10-year paper, the document showed.

Bids will take place on April 13, and allocations will be made on April 16, the document said. The offer document did not mention the expected size of the issuance. The central bank declined to comment when contacted by Reuters on Monday.

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