Qatar's Bond Appetite Intact With $12 Billion Return to Market
- Sells bonds due 2024, 2029 and 2049 after getting excess bids
- Qatar is ‘still cheap’ versus similarly rated peers: Aberdeen
Photographer: Gabriela Maj/Bloomberg
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Qatar’s appetite for jumbo bond deals seems insatiable, with the gas-rich nation raising $24 billion in less than a year.
The Gulf state sold $12 billion of bonds after attracting around $50 billion in demand as it took advantage of a pause in U.S. interest-rate increases that has sent investors flocking to emerging-market debt this year.