VOL. XLVI

No 37

15-September-2003

QATAR

CAPITAL MARKETS

Qatar To Issue Its First Islamic Bond

Qatar is about to launch an Islamic bond, to be issued under Qatar Global Sukuk (QGS), which is its first ever Islamic bond issue and brings to an end the countrys three-year absence from the bond market. The floating rate bond, which has a seven-year tenor, has been rated at A+ by Standard and Poors, which matches the sovereign rating (MEES, 21 July). Qatar has mandated HSBC and Qatar International...