VOL. XLII

No. 20

17-May-1999

QATAR

Qatars $1Bn Bond Well Received By Institutional Investors

Given the diminishing appetite for sovereign debt followingthe emerging market crisis and Russias debt moratorium, investors appear tohave shown encouraging interest for Qatars debut 10-year $1bn bond offering.The bond, which was initially slated for offering in June of last year (MEES,22 June 1998) but postponed due to bearish market sentiment, has raised $1bnand will go some way towards easing Qatars...