01.12.2011 - Qatar defies global gloom with $5 bln bond issue
Qatar, the world's biggest natural gas exporter, has raised $5 billion with its first sovereign bond issue in two years, capitalising on investors' appetite for safe havens as the European debt crisis destabilises global markets. The international bond sale, priced late on Tuesday, was the biggest from the Gulf this year. The tiny Arab state sold $2 billion in five-year bonds at a yield of 3.184 percent, $2 billion of 10-year bonds with a yield of 4.63 percent, and $1 billion of 30-year bonds yielding 5.825 percent...............................................Full Article: Source
Print