5% growth rate of central assets in February

The assets of the Qatar Central Bank increased during the month of February 2023 by 4.98% on an annual basis, equivalent to 13.90 billion riyals, with the support of 3 factors. According to a survey issued by "Central"Its total assets at the end of last month amounted to 292.86 billion riyals, compared to 278.96 billion riyals in February 2022. "Central" per month by about 1.87%, as it amounted in January 2023 to about 287.48 billion riyals, and to support the annual growth of assets "Central" The gold reserve increased last month by 72.12% at 19.52 billion riyals, compared to 11.34 billion riyals in February 2022. This comes in addition to the balance of investment in foreign treasury bonds and bills amounting to about 139.86 billion riyals in February 2023, compared to 122.79 billion riyals in the same month of The previous year, recording a growth of 13.89%. The item of other assets increased by 27.71% to 57.25 billion riyals, knowing that in February 2022 it was about 44.83 billion riyals. On the other hand, balances have decreased "Central" With foreign banks in February 2023, by 10.01% annually at 12.21 billion riyals, its balances with local banks decreased by 27.47% to 58.44 billion riyals, and deposits and special drawing rights recorded 4.77 billion riyals, an annual decrease of 4.41%. Qatar’s share in the International Monetary Fund last month amounted to 483 million riyals, an annual decline of 6.34%, and its share in the Arab Monetary Fund decreased by 4.74%, at 333.7 million riyals. Treasury bills On the other hand, the Qatar Central Bank yesterday issued treasury bills worth one billion riyals for a week, with a return rate of 5.005%, according to the data published on the website. Last week, the Qatar Central Bank announced the issuance of treasury bills worth 3 billion riyals on 5 different tranches. Treasury bills are a short-term debt instrument issued by the government for the purpose of borrowing and providing cash liquidity in short terms, often ranging from 3 months to a year. Central banks resort to it to influence the volume of the money supply and the purchasing power offered in circulation.