Qatar raises $12 billion in bond sale

DOHA: Qatar has sold bonds worth $12 billion (nine billion euros), the finance ministry said yesterday, attracting strong demand. “The state of Qatar has achieved a successful return to the international financial markets with a total of three tranches-worth $12 billion,” said a ministry statement carried by the official Qatar News Agency (QNA). The sale received orders of more than $50 billion, it said. In 2018, the gas-rich state raised $12 billion in its first dollar bond sale in two years. — AFP