08.03.2013 - Qatar gears up to sell $1.1bln in bonds, sukuk
Qatar will sell QR4bn ($1.1bn) of three-year and five-year bonds and sukuk, the state news agency said yesterday. The Qatar Central Bank will offer local banks QR3bn worth of bonds and QR1bn worth of Shariah-compliant notes, Qatar News Agency (QNA) said. The local currency issues will take place quarterly, it said, without specifying how much of each maturity would be sold. In January, the International Monetary Fundís mission chief for Qatar told Reuters that the objective behind an issuance would be to build a domestic sovereign yield curve. Qatar Central Bank was not available for comment...............................................Full Article: Source
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