Qatar attracts $50bn of bids for $12bn bond sale | Financial Times:
Qatar has carried out a bumper bond sale — raising $12bn — in the latest sign that the market for emerging market sovereign debt is again booming.
The Gulf state racked up order books of $50bn for the five-, 10- and 30-year bonds. Its first dollar-denominated debt sale of the year on Wednesday came two months after regional rival Saudi Arabia sold $7.5bn in bonds after drawing orders of $27bn.
The strong investor appetite for Qatar’s offering underscored the renewed interest in EM assets amid diminishing expectations for further US interest rate rises this year.
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