DOHA: Qatar marked a historical milestone by ringing the bell on the floor of the Taipei Exchange.
The ceremony recognized Qatar as the first-ever sovereign to list a Formosa bond and reiterated the growing relationship between the two markets.
Key representatives of Qatar and Taiwan’s Ministries of Finance, the Taiwan Financial Supervisory Commission and the Taipei Exchange’s leadership attended the event, QNA reported.
Earlier this month, Qatar successfully marked its return to international debt markets, pricing a $12bn triple tranche bond, offering $3bn 5-year, $3bn 10-year and $6bn 30-year notes.
The bond also generated the largest order book for all emerging markets in 2018, at $53bn.
Qatar’s economic outlook remains positive, with a forecasted growth expected to exceed 2.8 percent in 2018.
