Gulf Times – Moody’s assigns provisional rating to Qatar Islamic bond

Global credit rating agency Moody’s has assigned a provisional long-term ‘(P)Aa2’ rating to Qatar’s global Islamic bond (sukuk).
The agency assigned the provisional rating to the proposed US dollar trust certificates to be issued by ‘SoQ Sukuk’ (State of Qatar Sukuk).
The payment obligations associated with these certificates are direct obligations of Qatar, it said, adding the outlook is “stable”.

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