Qatar scores $44bn of orders as oil remains in lurch

By Mariam Meskin
07 Apr 2020

The State of Qatar on Tuesday issued a $10bn three tranche bond, with a final demand book in excess of $44bn. The deal came in the wake of extreme oil price volatility, though Qatar has buffers to protect it against any major economic shocks.

The senior unsecured 144A Reg S dollar bond has five, 10 and 30 year tranches of $2bn, $3bn and $5bn. The final spreads were 300bp, 305bp and 440bp over US Treasuries. 

Combined books by close of business were $44bn, with a slight skew towards the longest tranche. 

The notes will ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.