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Qatar issues $550mln in 5-year local bonds

Posted on 01 July 2010

From Tradearabia.com: Qatar issued 2 billion riyals ($549.7 million) in domestic bonds with a 5 per cent coupon on Wednesday as it rolled over a prior issue of the same amount, drawing hefty demand, a central bank source told Reuters.
The five-year paper follows a sale of QR10 billion in conventional and Islamic bonds to local banks earlier in June, which was the Gulf’s first domestic sovereign offering in 2010……………………………………….Full Article: Source

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