#Qatar banks weigh U.S. dollar bond issuance from Q1 onwards -sources | Reuters

Qatar banks weigh U.S. dollar bond issuance from Q1 onwards -sources | Reuters:

Qatar banks are expected to issue U.S. dollar bonds from this quarter onwards, hoping to take advantage of any easing in global volatility casued by geopolitical tensions, three sources familiar with the matter said.

Qatar National Bank, the largest bank by assets in the Middle East and Africa, and Qatar Islamic Bank have all held talks with banks about potential issues during the first quarter, the sources said.

In an emailed statement Commercial Bank said: “We have a U.S. dollar bond maturing in Q2 2019 (June 2019) and plan to do a replacement issuance around the maturity date of this bond.”