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Qatar will offer over $6.6 billion in local currency bonds and sukuk this week, the largest sale in three years, as the emirate seeks to deepen its domestic debt market in the lead-up to hosting the World Cup.The central bank will sell 11 billion riyals ($3 billion) of sukuk, which comply with Islam's ban on interest, and 13 billion riyals of non-Shariah compliant bonds, according to a statement on its website. The country in December sold 500 million riyals of Islamic bonds due in 2018 with a profit rate of 3 percent.Qatar sells 4 billion riyals of short-term debt every month and in March began selling the same amount each quarter to local banks in three-and five-year tenors.Qatar's government and companies are tapping debt markets as the nation embarks on $138 billion of investments by 2016 .
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