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ItalianoBond QNB Group 1.09% ( XS2223112686 ) in USD
| Issuer | QNB Group |
| Market price | 100 % ⇌ |
| Country |  Qatar
|
| ISIN code |
 XS2223112686 ( in USD )
|
| Interest rate | 1.09% per year ( payment 2 times a year) |
| Maturity | 28/08/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 100 000 USD |
| Total amount | 25 000 000 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 bond bearing ISIN XS2223112686, issued by Qatar National Bank (QNB) and denominated in USD, has successfully reached its maturity date of August 28, 2023, and has been fully repaid, concluding its life cycle at 100% of its face value. This fixed-income instrument, originating from Qatar National Bank, a prominent financial institution and the largest bank in the State of Qatar by assets, carried an annual interest rate of 1.09%, with payments distributed on a semi-annual basis, and was part of a total issuance size of $25,000,000, with a minimum investment threshold set at $100,000 at the time of its offering. |