VOL. XLI

No. 10

9-March-1998

QATAR

Qatar To Approach Bond Market

Qatar will go to the bond market to raise $500mn to finance projects this year, Mr.'Abd al Rahman al-Shaibi, Assistant Corporate Manager for finance at the state's QatarGeneral Petroleum Corporation (QGPC), told Reuters on 25 February. Of the $500mn,$200mn will be issued in Qatar's debut sovereign Eurobond and $300mn to fund apetrochemical project.

Bankers in London have told MEES that, while the Qatari Government is actively...