Report
Qatar and Euroclear agree on settlement link for local bonds and sukuk
Bloomberg reports the planned link should ease access for foreign investors, who previously had to go through a local bank.
TLDR
Bloomberg reports that Euroclear Bank and Qatar’s central bank said they would establish a settlement link for rial-denominated government bonds and sukuk, a type of Islamic debt. The link should make it easier for foreign investors to buy Qatari securities. Qatar hopes to attract more overseas investors as the Iran war hits its economy.
Combined views
34K
1 Source, first seen ago
93 likes5 comments26 saves22 reposts