Qatars Islamic Bond Issue To Total $500Mn
Qatars first Islamic bond, to be issued under Qatar Global Sukuk (QGS), will total $500mn, HSBCs Associate Director in Debt Capital Markets, Simon Putt, told MEES. The issue will be of benchmark size, surpassing the Islamic Development Banks $400mn sukuk bond which was launched on 29 July (MEES, 11 August). The bond, which has a seven-year tenor, is callable after five years. On the fifth anniversary,...