Saudi upstages Qatar with bond sale

|About: iShares Trust - iShares MS... (QAT)|By:, SA News Editor

A gulf diplomatic standoff may be bleeding into the financial world.

Saudi Arabia has surprised investors with the sudden monster sale of $11B in bonds as Qatar kicks off its own roadshow for its first debt sale since 2016.

The two have been at odds since June, when Riyadh and its allies cut off ties with Doha over extremism.

ETFs: QAT, KSA

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