Qatar - Lending Rate

Qatar: Lending Rate

Unit %, NSA
Adjustments Not Seasonally Adjusted
Data 2020 Q1 2.5
2019 Q4 4.25

Series Information

Source Qatar Central Bank
Release QCB interest rates
Frequency Quarterly
Start Date 3/31/2005
End Date 3/31/2020

Qatar: Markets

Reference Last Previous Units Frequency
Stock Market Index Jul 2020 135.6 135.93 Index Jan2010=100, NSA Monthly
Money Market Rate May 2020 0.25 0.71 %, NSA Monthly
Lending Rate 2020 Q1 2.5 4.25 %, NSA Quarterly

Release Information

The interest rate framework of the Qatar Central Bank consists of three policy rates: a deposit rate, lending rate and repurchase rate. Quarterly from 2005.

Alternative names of the rates

  • QCB deposit rate, QMR O/N deposit, QCBDR
  • QCB lending rate, QMR O/N lending, QCBLR
  • QCB repurchase rate, repo rate, QCB Repo, QCBRR


The QCBDR and QCBLR are overnight rates on transactions between the QCB and local banks through the Qatar Money Market Rate Standing Facility (QMR).

The QCBLR is the key rate used by QCB to signal the markets about its monetary policy stance.

QCB Repo operations are conducted in domestic government securities.

Given the fixed parity between the Qatari riyal and the US dollar (USD), QCB short-term interest rates policies have had to be subordinated to the fixed exchange rate policy. As such QCB overnight interest rates are closely related to its counterpart on the USD, the Fed Funds Rate—usually with positive margin.

The announced policy rates are not revised.

Further reading

At the source: