Tuesday 10 December 2013

The Peninsula Qatar - Qatar says no plans to issue debt on international markets in 2014

The Peninsula Qatar - Qatar says no plans to issue debt on international markets in 2014:

"Qatar has no plans to issue debt on international markets next year and will adjust as necessary its hitherto fixed offerings of local currency debt, the Gulf Arab country's finance minister said on Tuesday.

Asked if Qatar planned to issue debt on the international markets next year, Ali Sherif al-Emadi told Reuters on the sidelines of a financial conference in Doha: "No, nothing."

"We are going to focus on the local market and it will be used for monetary purposes. It is only for monetary and liquidity management. That's about it," he said in his first public comments since his appointment in June.

The OPEC member last came to the international market with a $4 billion three-tranche sukuk issue in July 2012, which attracted an order book worth more than $25 billion."

'via Blog this'

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