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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

Qatar bonds gain after $28 bln of orders for sale

Posted on 19 November 2009

From Bloomberg: Qatar’s bonds rose after the largest-ever sale of debt by an emerging-market government received $28 billion of orders, four times the amount issued.

Qatar’s $3.5 billion of five-year bonds, half the total $7 billion sale, advanced to 100.1 cents on the dollar from an issue price of 99.87 cents, according to ING Bank NV data on Bloomberg at 5:59 p.m. in Doha. The emirate’s $1 billion of 30- year bonds rose 3 percent to 102.8 cents, according to prices provided by DZ Bank AG…………Full Article: Source

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