Qatar Bond Dip Draws Investment-Grade Yield Seekers Amid Row
- Bonds down 3% since start of Gulf standoff, double peers’ loss
- Investors bet $335 billion wealth fund will help weather storm
Qatar Walks Tightrope Between Isolation and Sovereignty
This article is for subscribers only.
Some investors are finding value again in Qatar’s international debt following a four-week selloff as a deadline in the standoff between the world’s biggest natural-gas exporter and its Gulf neighbors looms.
The nation’s bonds maturing in two to 29 years have fallen 3 percent on average since June 5, when a Saudi Arabian-led coalition froze political ties and imposed trade limits amid allegations Doha bankrolls terrorists. That’s more than double the drop for the Bloomberg U.S. Dollar Emerging-Market Sovereign Bond Index, raising the appeal of the investment-grade securities.