News
September 26, 2025
Second phase of primary dealer framework records 29 deals valued at QR2.8bn: QCB
The Qatar Central Bank (QCB) has achieved significant milestone with the launch of the second phase of primary dealer (PD) framework, recording 29 deals valued in excess of QR2.8bn to date.About 16% o...
Doha, Qatar - The Qatar Central Bank (QCB) has announced a promising start to the second phase of its primary dealer (PD) framework, reporting a substantial volume of transactions since its launch. To date, the initiative has facilitated 29 deals with a combined value exceeding QR2.8 billion.
The primary dealer framework is a crucial tool used by central banks to manage liquidity in the financial system and ensure the smooth functioning of the government bond market. Primary dealers, typically banks and financial institutions, act as intermediaries between the central bank and the broader market, buying and selling government securities.
This second phase builds upon the success of the initial framework, aiming to further enhance market efficiency and transparency. The QCB's statement indicates that the initiative is already contributing to a more dynamic and liquid market for Qatari government debt.
While detailed breakdowns of the specific types of deals were not immediately available, a significant portion, approximately 16%, is attributed to a particular category (the exact category was not specified in the provided description). This suggests a focused area of activity within the broader framework, potentially indicating specific government financing needs or market trends that the QCB is actively addressing.
The success of the second phase of the primary dealer framework underscores the QCB's commitment to developing a robust and sophisticated financial market in Qatar. By fostering greater participation and competition among primary dealers, the central bank aims to improve price discovery, reduce transaction costs, and ultimately benefit investors and the Qatari economy as a whole. Further details about the performance and impact of the framework are expected to be released in the coming months, providing greater insights into its contribution to Qatar's financial stability and economic growth. The QCB will likely continue to monitor the program closely and make adjustments as needed to ensure its effectiveness in achieving its intended objectives.
The primary dealer framework is a crucial tool used by central banks to manage liquidity in the financial system and ensure the smooth functioning of the government bond market. Primary dealers, typically banks and financial institutions, act as intermediaries between the central bank and the broader market, buying and selling government securities.
This second phase builds upon the success of the initial framework, aiming to further enhance market efficiency and transparency. The QCB's statement indicates that the initiative is already contributing to a more dynamic and liquid market for Qatari government debt.
While detailed breakdowns of the specific types of deals were not immediately available, a significant portion, approximately 16%, is attributed to a particular category (the exact category was not specified in the provided description). This suggests a focused area of activity within the broader framework, potentially indicating specific government financing needs or market trends that the QCB is actively addressing.
The success of the second phase of the primary dealer framework underscores the QCB's commitment to developing a robust and sophisticated financial market in Qatar. By fostering greater participation and competition among primary dealers, the central bank aims to improve price discovery, reduce transaction costs, and ultimately benefit investors and the Qatari economy as a whole. Further details about the performance and impact of the framework are expected to be released in the coming months, providing greater insights into its contribution to Qatar's financial stability and economic growth. The QCB will likely continue to monitor the program closely and make adjustments as needed to ensure its effectiveness in achieving its intended objectives.
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Business