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Qatar raises record $12 bn in first bond sale since 2016

Qatar raises record $12 bn in first bond sale since 2016

DOHA: raised USD 12 billion in its first dollar sale in two years and it is the biggest dollar from an emerging-market nation this year, according to 

Yesterday’s sale eclipsed Saudi Arabia’s USD 11 billion issued earlier this week and received more than USD 53 billion.

It is the first time has returned to the international market since the emirate found itself at the centre of an entrenched regional dispute.

has been economically and politically isolated by a group of Saudi-led countries since last June over claims it supports terrorist groups.

The world’s biggest exporter of liquefied has seen its only land border shut and its national airline, Airways, stopped from using its Gulf rivals’ airspace in the 10-month long row.