Thursday 18 October 2012

Gulf Times – Qatar banks may step up bond sales

Qatari banks may increase bond sales as they seek long-term funding for government and state-related companies, according to Barclays Plc.
“We are likely to see more issuance from Gulf Co-operation Council banks, particularly in Qatar,” senior economist Alia Moubayed said in an interview yesterday.
“They are borrowing on a short term from the interbank market and they are likely to try to reduce it by basically going to the capital market.”

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