Markets

Orders for Qatar dollar bonds issue top $25bn

Qatar kept for the time being its initial price guidance unchanged at around 335 basis points over US Treasuries fo
Published April 7, 2020
  • Qatar kept for the time being its initial price guidance unchanged at around 335 basis points over US Treasuries for the 5-year, around +340 bps for the 10-year and around +475 bps for the 30-year tranche.

DUBAI: Qatar received over $25 billion in combined orders for a planned issue of dollar-denominated bonds in tranches of 5, 10, and 30 years, a document showed on Tuesday.

There was a slight skew towards the 30-year bonds, the document showed.

Qatar kept for the time being its initial price guidance unchanged at around 335 basis points over US Treasuries for the 5-year, around +340 bps for the 10-year and around +475 bps for the 30-year tranche.

The sale is expected to be completed on Tuesday.

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