VOL. XLIII
No. 33
14-August-2000
QATAR
Qatar Shifts Debt Maturity Profile From Internal To External Debt
Official figures released with the recent $1.4bn sovereign bond issue reveal that the total direct debt of the State of Qatar at the end of FY1999-2000 (31 March) amounted to $7.47bn or 65.5% of GDP at current prices a rise of 5.2% over the previous year (see Table 1). However, as the latest preliminary offering circular published by Goldman Sachs International and Morgan Stanley Dean Witter...
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