Bond QNBF Ltd 3.67% ( XS2252047217 ) in CNY
| Issuer | QNBF Ltd |
| Market price | 100 % ⇌ |
| Country | Qatar
|
| ISIN code |
XS2252047217 ( in CNY )
|
| Interest rate | 3.67% per year ( payment 1 time a year) |
| Maturity | 03/11/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 000 CNY |
| Total amount | 150 000 000 CNY |
| 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. A bond issued by QNB Finance Ltd, identifiable by ISIN code XS2252047217, has successfully reached its maturity date on November 3, 2023, and has since been fully repaid, concluding its lifecycle in the fixed income market. QNB Finance Ltd, the issuer of this particular debt instrument, operates as a key financing vehicle for Qatar National Bank (QNB Group), one of the largest financial institutions in the Middle East and Africa, headquartered in Qatar and playing a significant role in the region's financial landscape through its extensive network and diverse services. This specific bond, denominated in Chinese Yuan (CNY) and issued from Qatar, carried an annual interest rate of 3.67%, with payments made annually, providing regular returns to its holders throughout its term. The total size of this issuance amounted to CNY 150,000,000, with a minimum investment threshold set at CNY 1,000,000, catering to institutional or larger individual investors. Upon its maturity, the bond was reported at a market price of 100%, reflecting its full principal repayment as per its terms and the successful fulfillment of the issuer's obligations. |
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