Middle East Economic Survey

VOL. LIV

No 50

12-Dec-2011

QATAR

Moodys Assigns Aa2 Rating To Qatars Global Bonds

Moodys Investors Service on 6 December assigned an Aa2 rating to the Qatari governments recent $5bn global bond offering in three tranches: $2bn due in January 2017; $2bn due in January 2022; and $1bn due in January 2042 (MEES, 5 December). Moodys said that the rating is based on the State of Qatars Aa2 sovereign issuer rating, given that any direct government obligation whose...