QATAR: Launches Middle East’s biggest-ever bond sale after selling $9 billion of Eurobonds in three maturities after it faces a 46.5 billion riyal ($12.8 billion) budget deficit this year because of the continued lower #oil and #gas prices – @AceFinanceNews

#AceFinanceNews – May.29: Qatar’s $9B eurobond sale is largest ever in Middle East

Qatar has launched the Middle East’s biggest-ever bond sale after selling $9 billion of Eurobonds in three maturities.

The world’s top liquefied natural gas exporter is one of the richest countries per capita but it faces a 46.5 billion riyal ($12.8 billion) budget deficit this year because of the continued lower #oil and #gas prices.

Analysts had earlier predicted that Qatar's bond would only be valued at $5 billion. (File photo)

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