Bond QNB Group 2.75% ( XS2114850949 ) in USD
| Issuer | QNB Group |
| Market price | |
| Country | Cayman Islands
|
| ISIN code |
XS2114850949 ( in USD )
|
| Interest rate | 2.75% per year ( payment 2 times a year) |
| Maturity | 12/02/2027 |
|
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 | 1 000 000 000 USD |
| Next Coupon | 12/02/2026 ( In 59 days ) |
| 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 detailed analysis of Qatar National Bank's (QNB) recent bond offering reveals a significant fixed-income opportunity for investors. Identified by its ISIN XS2114850949, this US Dollar-denominated obligation is issued by Qatar National Bank, a prominent financial institution recognized as the largest bank in the Middle East and Africa region. Established in 1964 as the first Qatari-owned commercial bank, QNB has expanded its operations significantly, now boasting a vast international network that includes a presence in over 31 countries across three continents. The bank offers a comprehensive suite of banking and financial services, encompassing corporate, retail, investment banking, and asset management, serving a diverse client base from individuals to large corporations and government entities, thereby solidifying its position as a key player in global finance. This particular bond issue, originating from the Cayman Islands, carries a fixed interest rate of 2.75%, with interest payments scheduled to be made semi-annually. The total size of this offering is substantial, amounting to USD 1,000,000,000, reflecting a significant capital raise for the issuer. The maturity date for this instrument is set for February 12, 2027, providing a clear investment horizon. Currently, the bond is trading at its par value of 100% on the market, indicating stable pricing relative to its coupon rate. Investors interested in acquiring this security should note the minimum purchase size requirement, which is set at USD 200,000. |
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Cayman Islands