Monday 16 April 2018

Tale of Two Bonds: How Qatar's Sale Compares With Saudi Arabia's - Bloomberg

Tale of Two Bonds: How Qatar's Sale Compares With Saudi Arabia's - Bloomberg:

"The political discord between Saudi Arabia and Qatar, which has divided the Arab world since June, spilled into the bond market last week as both chose to sell debt to help fund their budget deficits within 48 hours of each other.

While Qatar held meetings with fixed-income investors between April 9 and 11, Saudi Arabia started and completed a sale on April 10. Both countries had been planning an offering for months.

Below is a comparison of the two offerings and the nations’ finances. Economic data for both countries are from the International Monetary Fund:"



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