Qatar intensifies its use of debt markets to save its economy

Qatar is increasingly resorting to the debt, bond, instrument and hot money markets with the aim of re-increasing the values ​​of declining reserve assets.

Qatar's reserve assets "foreign exchange reserves and other reserves" register a sharp decline since the Arab Quartet in June 2017.

Saudi Arabia, UAE, Bahrain and Egypt cut diplomatic relations and transport lines with Qatar Doha for terrorism.

A study by Al Ain led by Qatar Central Bank showed that Doha issued bonds, sukuk and bonds during the year 2018, for a total value of 15.2 billion of dollars.

Bonds and instruments issued by the Central Bank of Qatar on behalf of the Government of Doha are issued for different durations and interest rates in order to provide liquidity for foreign exchange transactions.

The Central Bank of Qatar released a report last month showing Qatar's issuance of local bonds and sukuk raising to 33.9 billion rials (9.3 billion dollars).

Bonds, instruments and permits are known as hot money because they are winding up by investors if they need cash.

The bond and sukuk issued by Qatar this year show a sudden increase in reserve assets to 163.121 billion riyals ($ 44.7 billion) in May.

Assets rose from 144.7 billion Qatari riyals (39.64 billion dollars) in April, according to data from Qatar's central bank. However, assets held in May 2018 remain below those of May 2017 (a few days before the boycott), rising to 166.53 billion riyals ($ 45.7 billion).

The International Monetary Fund said in March that about $ 40 billion in deposits from individuals and businesses had left the Qatari market because of the boycott.