Bond QNBF Ltd 3.5756% ( XS1985100509 ) in USD
| Issuer | QNBF Ltd | ||
| Market price | 100 % ⇌ | ||
| Country | Qatar
|
||
| ISIN code |
XS1985100509 ( in USD )
|
||
| Interest rate | 3.5756% per year ( payment 2 times a year) | ||
| Maturity | 02/05/2022 - Bond has expired | ||
|
|||
| Minimal amount | 200 000 USD | ||
| Total amount | 850 000 000 USD | ||
| Detailed description |
QNB Finance Ltd. is a subsidiary of Qatar National Bank (QNB Group), operating as a global financial institution offering a range of services including investment banking, asset management, and treasury solutions. An analysis of a specific fixed-income instrument, identified by its ISIN XS1985100509, reveals its recent successful conclusion. This bond, issued by QNB Finance Ltd, a financing arm typically associated with Qatar National Bank (QNB), originated from Qatar. QNB itself is recognized as one of the largest and most significant financial institutions operating across the Middle East and Africa, underpinning the issuance's institutional backing. Denominated in USD, the bond featured a fixed interest rate of 3.5756% with interest payments occurring twice annually. The total issue size for this particular tranche amounted to 850,000,000, with a minimum acquisition threshold set at 200,000, appealing to a sophisticated investor base. Reaching its maturity date on May 2, 2022, the bond was repaid at 100% of its face value, reflecting its final market price at redemption. Confirmation has been made that this obligation has matured and all principal and final interest payments have been fully disbursed. |
||
Français
Italiano
Qatar