Middle East Economic Survey


No 49


Qatar Raises $5Bn In Bonds, Defying Unstable Market

Qatar braved volatile market conditions to raise $5bn from the debt markets last week, and in doing so notched up the Gulfs biggest bond issuance of the year. The instability resulting from the European debt crisis has sidelined many potential issuers, but those with a high credit rating, like Qatar, have been able to take advantage of pent up investor appetite for quality paper. Melanie...