Bond QNB Group 0% ( XS1404285311 ) in USD

Issuer QNB Group
Market price 100 %  ⇌ 
Country  Qatar
ISIN code  XS1404285311 ( in USD )
Interest rate 0%
Maturity 04/05/2018 - Bond has expired



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Minimal amount 250 000 USD
Total amount 37 000 000 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.

The fixed-income instrument, ISIN XS1404285311, issued by Qatar National Bank (QNB) ? a preeminent financial institution and the largest bank in Qatar, boasting extensive operations across the Middle East and North Africa (MENA) region ? was a USD-denominated bond originating from Qatar, part of a $37,000,000 issuance with a minimum acquisition size of $250,000; this particular obligation, notable for its 0% interest rate, successfully reached its maturity on May 4, 2018, and was fully reimbursed at 100% of its principal value, thereby completing its investment cycle for bondholders.