Bond QNB Group 1.65% ( XS2206334976 ) in USD

Issuer	QNB Group
Market price	100 % ⇌
Country	Qatar
ISIN code	XS2206334976 ( in USD )
Interest rate	1.65% per year ( payment 2 times a year)
Maturity	11/08/2023 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	200 000 USD
Total amount	30 000 000 USD
Detailed description	Qatar National Bank (QNB) is a leading financial institution in the Middle East and Africa, offering a wide range of financial products and services to individuals and corporations. A fixed-income instrument, specifically an obligation identified by ISIN XS2206334976, was issued by Qatar National Bank, a leading financial institution headquartered in Qatar. Qatar National Bank (QNB) holds the distinction of being the largest financial institution in Qatar and a significant player across the Middle East and North Africa (MENA) region, offering a comprehensive suite of banking and financial services to a diverse client base, recognized for its robust financial performance and strategic regional expansion. This particular bond, denominated in United States Dollars (USD), featured a coupon rate of 1.65% with interest payments disbursed semi-annually. The total size of the issuance amounted to USD 30,000,000, structured with a minimum purchase increment of USD 200,000. The instrument reached its scheduled maturity on August 11, 2023, and has subsequently been fully redeemed at its par value of 100%, confirming its repayment to bondholders.