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ItalianoBond Qatar National Bank 0% ( XS1876033314 ) in USD
| Issuer | Qatar National Bank | ||||||||
| Market price | 100 % ⇌ | ||||||||
| Country |  Qatar
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| ISIN code |
 XS1876033314 ( in USD )
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| Interest rate | 0% | ||||||||
| Maturity | 09/11/2023 - Bond has expired | ||||||||
| Minimal amount | 200 000 USD | ||||||||
| Total amount | 100 000 000 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. Qatar National Bank (QNB), a prominent financial institution headquartered in Qatar and a key player in the Middle East and North Africa (MENA) banking sector, recently saw the successful maturity and redemption of its USD-denominated zero-coupon bond; this fixed-income instrument, identified by ISIN XS1876033314, had an original issuance size of USD 100,000,000 with a minimum purchase threshold of USD 200,000 and, despite carrying a 0% interest rate typical for zero-coupon structures, successfully reached its maturity date on September 11, 2023, and was fully redeemed at its par value of 100%, thus completing its life cycle. |
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