Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Qatar is selling its first dollar bonds in two years just as the region's security risk rises with the prospect of a U.S. strike in Syria. The world's biggest exporter of liquefied natural gas is offering a three-part bond sale, less than 48 hours after Saudi Arabia raised $11 billion in the largest offering by an emerging-market sovereign this year. The following is the initial price guidance for Qatar's bonds based on a term sheet seen by Bloomberg: About 170 basis points above U.S. Treasuries for the 2023 notes; about 200 basis points for the 2028 securities; about 230 basis points for the 2048 bondsThe guidance for its five-year bond is 30 basis points higher than the kingdom's seven-year notes, and the spread of its 10-year bonds is 25 basis points wider than Saudi Arabia's 12-year securities.
FOLLOW THIS ARTICLE