Mubasher: Qatar's banks plan to issue Eurobonds in the international debt markets within the coming few weeks.
The step comes in line with the lenders’ strategy to expand their business in overseas markets.
They are currently working on receiving the required approvals from the Qatar Central Bank (QCB), according to Lusail News.
Qatari banks will focus on Asian emerging markets because they combine large financial institutions, sources familiar with the matter said.
Over the course of the previous months, the gas-rich nation had issued sovereign bonds of $12 billion.
Source:
Mubasher