Bankers said their accounts had not been debited after the auction was due to be completed
Qatar appears to have cancelled an offer of 3 billion riyals ($825 million) of government bonds, apparently because of tight banking system liquidity which has brought interbank money rates near multi-year highs, bankers familiar with the offer told Reuters.
Bankers said their accounts had not been debited after the auction was due to be completed. A Qatari central bank official declined to comment.
The central bank had been due to sell the three-, five-, seven- and 10-year bonds on Monday, with allocations due to take place on Tuesday, an offer circular seen by Reuters showed.