Qatar - Lending Rate

Qatar: Lending Rate

Unit % p.a., NSA
Adjustments Not Seasonally Adjusted
Data 17 Sep 2021 2.5
16 Sep 2021 2.5

Series Information

Source Qatar Central Bank
Release Central bank policy rates
Frequency Daily
Start Date 8/10/2011
End Date 9/17/2021

Qatar: Markets

Reference Last Previous Units Frequency
Stock Market Index Sep 2021 164.19 162.59 Index Jan2010=100, NSA Monthly
Lending Rate 17 Sep 2021 2.5 2.5 % p.a., NSA Daily
Money Market Rate Jul 2021 0.28 0.49 % p.a., NSA Monthly

Release Information

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

  • Measurement: Percent per annum (% p.a.)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequencies and start dates:
    • Daily from 10 August 2011
    • Monthly from 2007m1
    • Quarterly - 2005Q1 to 2021Q1

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.