VOL. XLII

No 21

24-May-1999

QATAR

S&P Assigns Qatari Sovereign Issue BBB And AffirmsRatings

International ratings agency Standard and Poor痴 assigned atriple-B foreign currency senior unsecured debt rating to the State of Qatar痴debut bond on 13 May (see MEES, 17 May for details of the issue). At the sametime, S&P also affirmed its triple B-plus local currency and its triple Bforeign currency issuer credit and senior unsecured debt ratings and a stableoutlook. In a statement, the agency...