Bond QIB 1.95% ( XS2248012382 ) in USD

Issuer QIB
Market price 100 %  ▲ 
Country  Qatar
ISIN code  XS2248012382 ( in USD )
Interest rate 1.95% per year ( payment 2 times a year)
Maturity 26/10/2025 - Bond has expired



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Minimal amount 200 000 USD
Total amount 900 000 000 USD
Detailed description Qatar Islamic Bank (QIB) is a leading Islamic bank in Qatar offering a wide range of Sharia-compliant financial products and services to both corporate and retail customers.

An examination of the fixed-income market reveals details on the bond identified by ISIN XS2248012382, issued by Qatar Islamic Bank (QIB), a leading Sharia-compliant financial institution based in Qatar and a cornerstone of the nation's banking sector. This U.S. Dollar-denominated obligation, currently trading at 100% of its face value, offers investors an annual interest rate of 1.95%, with payments disbursed semi-annually. The bond, part of a substantial $900,000,000 issuance, is set to mature on October 26, 2025, and is accessible to investors with a minimum purchase size of $200,000.