Issuance aims to build yield curve
* Could be major step in developing debt market
* C.bank to introduce more open market operations
* Monetary policy seen staying accommodative
* Govt has space to spend more over medium term
Qatar plans to issue local currency sovereign bonds with three- and five-year maturities this year as part of efforts to build a yield curve for its debt market, an International Monetary Fund official said on Monday.
"They are going to issue three- and five-year domestic government bonds in 2013. They did not mention the timing of the issuance but there will be more than one issuance and the objective is to build a domestic sovereign yield curve," A.Prasad, the IMF's mission chief for Qatar, told Reuters.
http://www.reuters.com/article/2013/01/28/imf-qatar-idUSL5N0AX6GT20130128
No comments:
Post a Comment