Doha: Qatar Central Securities Depository (QCSD), in its lates report for the month of August detailed its main procedures which included custody, recording, management, acquisition, clearing and settlement of securities and derivatives and other financial instruments; the provision of related financial services; the transfer of ownership of executed contracts through trading and remittances; in addition to the implementation of all mortgage and decommissioning and foreclosure operations at the request of the relevant parties.
QCSD also updated a number of shareholders’ statements and added new shareholders.
The QCSD conducted 115 family transfers, compared to 288 in July. The company also conducted 616 inheritance transfers, compared to 774 in July. In addition, one exception transfers were made in August, compared to three in July.
The number of shareholders recognised in the company’s system during August was 955,810, against to 955, 818 shareholders in July, while the number of shareholders with a bank account was 49,314 against 49,184 shareholders in July with a change of 0.26 percent.
Also in August, 58 mortgage transactions were registered, compared to 56 in July, a change of 3.57 percent. QCSD also registered 146 mortgage decomposition transactions in August, compared to 261 in July, a decrease of 44.06 percent.
The company also registered 56 account opening operations for new shareholders in August, compared to 113 registrations in July with a decrease of 50.44 percent.
The number of shareholders recognized by the system according to nationality and type of shareholder (individuals and institutions) reached 279,548 Qatari shareholding individuals in August, compared to 279,568 in July, down by 0.007 percent. The number of shareholders from Qatari institutions was 3,804 in August.
The number of non-Qatari shareholders in August of this year was 668,396, compared to 668,366 in July of the same year, with a 0.004 change. Shareholders from non-Qatari institutions reached 4,062 in August of this year compared to 4,080 institution in July, down by 0.44 percent.
QCSD also registered treasury bills issued by Qatar Central Bank (CB) for the third quarter of 2018 in its systems. Treasury bills (T-Bills) were registered with a date of issue on August 1.
The T-Bills included three-month treasury bills with the value of QR 600m. The total number of T-Bills issued was 60,000 and a maturity date of November 1, 2018. It also included six-month treasury bills issued with the value of QR240m. The total number of T-Bills issued was 24,000 and a maturity date of February 5, 2019.
The QCSD also registered nine-month treasury bills issued by QCB with the value of QR150m. The total number of T-Bills issued was 15,000 and a maturity date of May 1, 2019.
The new website of Qatar Central Depository Company has also been launched, which includes an integrated mechanism to upgrade the level of services provided through its design and development through the use of modern technologies. The site contains many services, in addition to the services provided by the company to its customers.
Qatar Central Depository Company also adjusted the percentage of foreign ownership in Barwa Real Estate Company to become 49 percent of the capital.
