VOL. XLV

No 34

26-August-2002

QATAR

MoodysUpgrades Qatar To A3 From Baa2

Moodys InvestorsService has raised Qatar's foreign currency country ceilings for bonds anddeposits to A3 from Baa2 and has also upgraded to A3 its outstandingforeign-currency denominated bonds and its issuer rating for local currencyobligations, with the outlook stable for all ratings. The upgrades aresupported by a strategy of economic development based on diversification awayfrom oil and on investment in gas-related...