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...