VOL. XXXIX No. 59 11-November-1996QATAR

Moody's Upgrades Qatar's Sovereign Ratings To Investment Grade The US ratings agency Moody's Investors Service announced on 4 November that it had upgraded the sovereign ceilings for long-term foreign-currency denominated bonds and bank deposits of issuers domiciled in Qatar to Baa2.The ceilings for ratings of foreign-currency denominated short-term obligations and deposits have also been upgraded to Prime-2. In a statement, Moody's attributed the...