Qatar today began marketing US dollar bonds in 3 tranches for 5, 10 and 30 years.

Informed sources told Reuters that marketing is to collect liquidity amid low oil prices and a fog in the market because of the outbreak of the Corona virus (Covid 19).

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Qatar is the first Gulf country to issue bonds since oil prices tumbled in early March, which raised the cost of borrowing for the crude producing region.

Qatar offered an initial indicative price at about 355 basis points above the US Treasury bonds for the five-year tranche and about 340 basis points over the ten-year segment and about 4.75% for the thirty years. < / p>

The last tranche of Formosa bonds that are sold in Taiwan are from foreign borrowers and are denominated in currencies other than the Taiwan dollar.

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