QCB launches 1st phase of primary dealer framework in collaboration with Bloomberg

Doha:Qatar Central Bank (QCB) has launched the first phase of its Primary Dealer framework in collaboration with Bloomberg, marking a key milestone in...

Doha: Qatar Central Bank (QCB) has launched the first phase of its Primary Dealer framework in collaboration with Bloomberg, marking a key milestone in the development of Qatar's capital markets.

Aligned with QCB's Third Financial Sector Strategy, the initiative is set to modernize the market infrastructure, enhancing efficiency, transparency, and participation in Qatar's financial markets.

This effort is a key component of Qatar's National Vision 2030, aimed at diversifying the economy and increasing its attractiveness for foreign direct investment.

QCB has adopted Bloomberg's Auction System to streamline its local currency debt issuance and liquidity management workflows. Integrated with the Bloomberg Terminal, this system supports the development of QCB's debt issuance process, marking a significant milestone with the successful conclusion of its first auction on Dec. 26, 2024.

In addition to the Auction System, QCB has also implemented Bloomberg AIM, a leading order and investment management solution that delivers multi-asset solutions and provides comprehensive front-to-back workflows.