The Qatar Central Bank (QCB) on Tuesday issued government Ijara Sukuk worth QR2.3 billion on behalf of the Ministry of Finance, as part of ongoing efforts to support government financing needs and deepen the domestic Islamic debt market.

According to data released by QCB, the issuance was structured across two maturities. An amount of QR1.150 billion was allocated to a three-year tenor, issued as an addition to an existing Sukuk, carrying a yield of 4.150 percent. A further QR1.150 billion was issued for a five-year tenor, also as an addition to an existing issuance, and priced at a yield of 4.150 percent.

QCB said in a post on the X platform that the issuance attracted strong investor interest, with total bids reaching approximately QR7 billion, significantly exceeding the offered amount. The robust demand highlights investor confidence in Qatar’s sovereign credit profile and the continued attractiveness of government-backed Shariah-compliant instruments.

The issuance forms part of the government’s broader strategy to enhance liquidity management, provide benchmark yields for the domestic market, and support the development of Qatar’s Islamic finance ecosystem. It also contributes to expanding the depth and efficiency of the local debt capital market by offering diversified investment opportunities to financial institutions and investors.

Government Sukuk issuances continue to play a key role in supporting monetary policy operations, strengthening market stability, and aligning with Qatar’s long-term economic and financial development objectives.