Article

The Qatar Central Bank issued Ijara Sukuk worth approximately $632.2 million, attracting bids totaling $1.92 billion and indicating strong investor confidence with an oversubscription of more than three times. The issuance, which includes two tranches with maturities of three and five years at a yield of 4.150 percent, supports Qatar's strategy to enhance its sovereign debt market and local currency development. This move aligns with projections of a 5 percent average real GDP growth from 2026 to 2028, driven by the North Field LNG project and a growing non-hydrocarbon sector.