Monday 23 November 2009

Qatar's bond taken mostly by US-based investors

Qatar's recently issued $7 billion (Dh25.71bn) sovereign bond has been subscribed mostly by investors based in the US and the UK, said reports.

The bond, the largest emerging market sovereign debt issuance, currently boasts an order book of more than $27bn.

According to a report from the Middle East Economic Survey, 52 per cent of the bond was allocated to investors from the US, 23 per cent to those from the Middle East, 12 per cent to those from the UK, and nine per cent to those from Europe and four per cent from Asia.

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