QFMA organises specialised training on local currency bond market

The Qatar Financial Markets Authority (QFMA) has organised a week-long training course (20 training hours) for employees in its various specialised departments on local currency bond market (LCBM).
The financial market regulator is working on providing new training programmes and courses that meet the needs of the local market as part of measures to keep pace with the recommendations of the International Monetary Fund to develop LCBM in emerging markets.
Through this specialised training course, the QFMA sought to provide deep and practical insights on how to enhance and develop the infrastructure and methods necessary to promote the local bond market, by exploring a variety of concepts and tools that can help develop this market effectively.
The course focused mainly on modern strategies and practices that contribute to enhancing market liquidity, increasing investor confidence, and discussed pioneering methods in infrastructure development and policies that contribute to making the local bond market more attractive to investors.
The training course included the analysis of the types of bonds and the yield curve, bonds and sukuks in Qatar, in addition to discussing the requirements for developing the LCBM in the country.
The yield on bonds in the Qatari market is considered feasible for investors, whether individuals or the private sector, due to the absence of the risk of non-payment, the strength of the Qatari economy, the strength of Qatari companies and their high financial efficiency, and the availability of liquidity for such companies.
Investment in bonds is guaranteed and contributes to diversifying shareholders' investment portfolio and it also reduces risks, reflecting positively on expected returns and profits.
The high rating of government bonds, or bonds issued by Qatari companies, by most of the major international credit rating agencies, encourages investment in Qatar's bond market.