Qatar sells triple-tranche jumbo bond to raise $12 billion | Reuters:
Qatar sold $12 billion in bonds on Wednesday, and drew around $50 billion in demand - the largest order book globally since its bond sale last year and the latest indication of how the country has overcome a boycott imposed by some of its Arab neighbors.
The debt sale, split into tranches of five, 10 and 30 years, was much bigger than the $7.5 billion bond issued by rival Saudi Arabia in January, which had attracted over $27 billion in orders.
It was not clear where most of the demand came from, but the high volume showed that despite a lack of demand from Gulf countries, hampered by the boycott, international investor demand remained strong.
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