29.11.2012 - Qtel bond yields set to ring up a steep rise
Qatar Telecom's bond yields are set for the steepest monthly advance in almost two years as acquisitions by the Middle East's second-largest phone company by revenue erode its cash holdings. The yield on the state-run company's 2016 bonds, which are rated at Moody's Investors Service's sixth-highest investment grade of A2, has risen 20 basis points. That contrasts with little change for the HSBC/Nasdaq Dubai's Middle East Investment Grade US Dollar Sukuk/Bond Index...............................................Full Article: Source
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