Obbligazione QNB Group 0% ( XS1405950129 ) in USD

Emittente QNB Group
Prezzo di mercato 100 USD  ⇌ 
Paese  Qatar
Codice isin  XS1405950129 ( in USD )
Tasso d'interesse 0%
Scadenza 20/05/2018 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Qatar National Bank XS1405950129 in USD 0%, scaduta


Importo minimo 200 000 USD
Importo totale 1 100 000 000 USD
Descrizione dettagliata La Qatar National Bank (QNB) è la più grande banca del Qatar e una delle principali istituzioni finanziarie del Medio Oriente e dell'Africa.

The Obbligazione issued by QNB Group ( Qatar ) , in USD, with the ISIN code XS1405950129, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 20/05/2018







QNB Finance Ltd

Issue of U.S.$1,100,000,000 Floating Rate Notes due 2018
(the "Notes")
Guaranteed by Qatar National Bank S.A.Q.
under the
U.S.$12,500,000,000 Medium Term Note Programme

Issue Price: 100 per cent.
Issue Date: 20 May 2016

This information package includes the prospectus dated 3 November 2015 and the supplement
thereto dated 27 January 2016 in relation to U.S.$12,500,000,000 Medium Term Note
Programme (the "Prospectus") and the Final Term dated 5 May 2016 in respect of the Notes (the
"Final Terms" together with the Prospectus, the "Information Package").

The Notes will be issued by QNB Finance Ltd (the "Issuer") and guaranteed by Qatar National
Bank S.A.Q.

Application will be made by the Issuer for the Notes to be listed on the Taipei Exchange ("TPEx")
in the Republic of China (the "ROC").

The Notes will be listed on TPEx pursuant to the applicable rules of TPEx. Effective date of
listing and trading of the Notes is on or about 20 May 2016.

TPEx is not responsible for the content of the Information Package and no representation is made
by TPEx to the accuracy or completeness of the Information Package. TPEx expressly disclaims
any and all liability for any losses arising from, or as a result of the reliance on, all or part of the
contents of this Information Package. Admission to the listing and trading of the Notes on TPEx
shall not be taken as an indication of the merits of the Issuer or the Notes.

The Notes have not been, and shall not be, offered, sold or re-sold, directly or indirectly to
investors other than "professional investors" as defined under Paragraph 1 of Article 2-1 of the
Taipei Exchange Rules Governing Management of Foreign Currency Denominated International
Bonds of the ROC. Purchasers of the Notes are not permitted to sell or otherwise dispose of the
Notes except by transfer to a professional investor.

The Notes have not been and will not be registered under the United States Securities Act of 1933,
as amended (the "Securities Act"). Subject to certain exceptions, the Notes may not be offered,
sold or delivered within the United States or to, or for the benefit of, U.S. persons (as defined
under the Securities Act), except in certain transactions exempt from the registration requirements



of the Securities Act.

ROC TAXATION

The following is a summary of certain ROC tax consequences with respect to the holders of the
Notes, and is prepared based on current laws and regulations of the ROC. It does not purport to
be comprehensive and does not constitute legal or tax advice. Investors (particularly those
subject to special tax rules, such as banks, dealers, insurance companies and tax-exempt entities)
should consult with their own tax advisers regarding the tax consequences of an investment in the
Notes.

Interests on the Notes

As the Issuer of the Notes is not an ROC statutory tax withholder, there is no ROC withholding
tax on the interest to be paid by the Issuer on the Notes. ROC corporate holders must include the
interest receivable under the Notes as part of their taxable income and pay income tax at a flat
rate of 17 per cent. (unless the total taxable income for a fiscal year is under $120,000 New
Taiwan Dollars), as they are subject to income tax on their worldwide income on an accrual basis.
The alternative minimum tax ("AMT") is not applicable.

Sale of the Notes

In general, the sale of corporate bonds or financial bonds is subject to 0.1 per cent. securities
transaction tax ("STT") on the transaction price. However, Article 2-1 of the Securities
Transaction Tax Act prescribes that STT will cease to be levied on the sale of corporate bonds
and financial bonds for seven years from 1 January 2010 to 31 December 2016. Therefore, the
sale of the Notes will be exempt from STT if the sale is conducted on or before 31 December
2016. Starting from 1 January 2017, any sale of the Notes will be subject to STT at 0.1 per cent.
of the transaction price, unless otherwise provided by the tax laws that may be in force at that
time.

Capital gains generated from the sale of bonds are exempt from income tax. Accordingly, ROC
corporate holders are not subject to income tax on any capital gains generated from the sale of the
Notes. However, ROC corporate holders should include the capital gains in calculating their basic
income for the purpose of calculating their AMT. If the amount of the AMT exceeds the annual
income tax calculated pursuant to the AMT Act, the excess becomes the ROC corporate holders'
AMT payable. Capital losses, if any, incurred by such holders could be carried over 5 years to
offset against capital gains of same category of income for the purposes of calculating their AMT.

ROC SETTLEMENT AND TRADING

Investors with a securities book-entry account with an ROC securities broker and a foreign
currency deposit account with an ROC bank, may request the approval of the Taiwan Depositary
& Clearing Corporation ("TDCC") for the settlement of the Notes through the account of TDCC
with Euroclear or Clearstream, Luxembourg and if such approval is granted by TDCC, the Notes
may be so cleared and settled. In such circumstances, TDCC will allocate the respective book-
entry interest of such investor in the Notes position to the securities book-entry account



designated by such investor in the ROC. The Notes will be traded and settled pursuant to the
applicable rules and operating procedures of TDCC and the TPEx as domestic bonds.

In addition, an investor may apply to TDCC (by filing in a prescribed form) to transfer the Notes
in its own account with Euroclear or Clearstream, Luxembourg to the TDCC account with
Euroclear or Clearstream, Luxembourg for trading in the domestic market or vice versa for
trading in overseas markets.

For such investors who hold their interest in the Notes through an account opened and held by
TDCC with Euroclear or Clearstream, Luxembourg, distributions of principal and/or interest for
the Notes to such holders may be made by payment services banks whose systems are connected
to TDCC to the foreign currency deposit accounts of the holders. Such payment is expected to be
made on the second Taiwanese business day following TDCC's receipt of such payment (due to
time difference, the payment is expected to be received by TDCC one Taiwanese business day
after the distribution date). However, when the holders will actually receive such distributions
may vary depending upon the daily operations of the ROC banks with which the holder has the
foreign currency deposit account.

ADDITIONAL RISK FACTOR

Application will be made for the listing of the Notes on the TPEx. No assurance can be given as
to whether the Notes will be, or will remain, listed on the TPEx. If the Notes fail to or cease to be
listed on the TPEx, certain investors may not invest in, or continue to hold or invest in, the Notes.


Lead Manager

Standard Chartered Bank (Taiwan) Limited

Co-Managers

Capital Securities Corp.

E.Sun Commercial Bank, Ltd.

KGI Securities Co. Ltd.

Mega International Commercial Bank Co., Ltd.

SinoPac Securities Corporation
Yuanta Securities Co., Ltd.


Final Terms dated 5 May 2016


QNB Finance Ltd
Issue of U.S.$1,100,000,000 Floating Rate Notes due 2018
Guaranteed by Qatar National Bank S.A.Q.
under the U.S.$12,500,000,000
Medium Term Note Programme
PART A ­ CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the terms and
conditions (the "Conditions") set forth in the prospectus dated 3 November 2015 and the
supplement thereto dated 27 January 2016, which together constitute a base prospectus (the
"Prospectus") for the purposes of Directive 2003/71/EC, as amended (the "Prospectus
Directive"). This document constitutes the Final Terms of the Notes described herein for the
purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the
Prospectus. Full information on the Issuer, the Guarantor and the offer of the Notes is only
available on the basis of the combination of these Final Terms and the Prospectus. The
Prospectus and the supplement thereto are available for viewing at the market news section of the
London Stock Exchange website (www.londonstockexchange.com/exchange/news/market-
news/market-news-home.html) and during normal business hours at the registered offices of the
Issuer at c/o Maples Corporate Services Limited, P.O. Box 309, Ugland House, Grand Cayman,
KY1-1104, Cayman Islands and copies may be obtained from the registered offices of the Fiscal
Agent at One Canada Square, London E14 5AL, United Kingdom.


1
(a)
Issuer:
QNB Finance Ltd

(b)
Guarantor:
Qatar National Bank S.A.Q.
2
(a)
Series Number:
89

(b)
Tranche Number:
1


3
Specified Currency or Currencies:
United States dollars ("U.S.$")
4
Aggregate Nominal Amount of
U.S.$1,100,000,000
Notes:
Series:
U.S.$1,100,000,000
5
Issue Price:
100 per cent. of the Aggregate Nominal Amount
6
(a)
Specified Denominations:
U.S.$200,000 and integral multiples of U.S.$1,000 in
excess thereof
(b)
Calculation Amount:
U.S.$1,000
7
(a)
Issue Date:
20 May 2016
(b)
Interest Commencement
Issue Date
Date:
8
Maturity Date:
Interest Payment Date falling on or closest to 20 May


2018
9
Interest Basis:
3 month U.S.$ LIBOR +1.40 per cent. Floating Rate
10
Redemption/Payment Basis:
Redemption at par
11
Change of Interest or
Not Applicable
Redemption/Payment Basis:
12
Put/Call Options:
Change of Control Put Event
(further particulars specified below)
13
(a)
Status of the Notes:
Senior
(b)
Status of the Guarantee:
Senior
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
14
Fixed Rate Note Provisions:
Not Applicable
15
Floating Rate Note Provisions:
Applicable
(a)
Interest Period(s):
The period beginning on and including the Issue Date
and ending on but excluding the First Interest Payment
Date and each successive period beginning on and
including an Interest Payment Date and ending on but
excluding the next succeeding Interest Payment Date
(b)
Specified Interest Payment
20 February, 20 May, 20 August and 20 November in
Dates:
each year commencing on the First Interest Payment
Date until the Maturity Date, subject to adjustment in
accordance with the Business Day Convention
(c)
First Interest Payment Date
20 August 2016, subject to adjustment in accordance
with the Business Day Convention
(d)
Interest Period Date:
Each Interest Payment Date
(e)
Business Day Convention:
Modified Following Business Day Convention
(f)
Business Centre(s):
London
(g)
Manner in which the Rate(s)
Screen Rate
of Interest is/are to be
Determination
determined:

(h)
Party responsible for
The Fiscal Agent shall be the Calculation Agent
calculating the Rate(s) of
Interest and/or Interest
Amount(s) (if not the Fiscal
Agent):
(i)
Screen Rate Determination:
­ Reference Rate:
3 month U.S.$ LIBOR
­ Interest Determination
The day falling two Business Days in London prior to
Date(s):
the first day of the applicable Interest Accrual Period
­ Relevant Time:
11:00am London time


­ Relevant Screen Page:
Reuters page LIBOR01
­ Relevant Financial Centre:
London
(j)
ISDA Determination:
Not Applicable
(k)
Linear Interpolation
Not applicable
(l)
Margin(s):
+1.40 per cent. per annum
(m)
Minimum Rate of Interest:
Not Applicable
(n)
Maximum Rate of Interest:
Not Applicable
(o)
Day Count Fraction:
Actual/360
(p)
Fall back provisions, rounding As set out in the Conditions
provisions, denominator and
any other terms relating to
the method of calculating
interest on Floating Rate
Notes, if different from those
set out in the Conditions:
(q)
ISDA Definitions
Not Applicable
16
Zero Coupon Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
17
Call Option:
Not Applicable
18
Put Option:
Not Applicable
19
Change of Control Put:
Applicable
(a)
Change of Control Put Date:
As set out in the Conditions
(b)
Change of Control Put
As set out in the Conditions
Period:
20
Final Redemption Amount of each
U.S.$1,000 per Calculation Amount
Note:
21
Early Redemption Amount:
Applicable
Early Redemption Amount(s) per
U.S.$1,000
Calculation Amount payable on
redemption for taxation reasons or on
event of default or other early
redemption and/or the method of
calculating the same (if required or if
different from that set out in the
Conditions):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
22
Form of Notes:
Registered Notes:
Regulation S Global Note registered in the name of a
nominee for a common depositary for Euroclear and



Clearstream, Luxembourg

23
Financial Centre(s) or other
London
special provisions relating to

payment dates:

24
Talons for future Coupons to be
No
attached to Definitive Notes (and
dates on which such Talons
mature):
25
Consolidation provisions:
Not Applicable





PART B ­ OTHER INFORMATION



1
Listing
(a)
Listing:
London and Taipei
(b)
Admission to trading:
Application is expected to be made by the Issuer (or
on its behalf) for the Notes to be admitted to trading on
both (i) the London Stock Exchange's Regulated
Market with effect from 20 May 2016, and (ii) the
Taipei Exchange ("TPEx") in the Republic of China for
the listing and trading of the Notes on the TPEx. The
Notes will be traded on the TPEx pursuant to the
applicable rules of the TPEx. Effective date of listing of
the Notes on the TPEx is on or about 20 May 2016.
TPEx is not responsible for the content of this
document and the Prospectus and any supplement or
amendment thereto and no representation is made by
TPEx to the accuracy or completeness of this
document and the Prospectus and any supplement or
amendment thereto. TPEx expressly disclaims any
and all liability for any losses arising from, or as a
result of the reliance on, all or part of the contents of
this document and the Prospectus and any
supplement or amendment thereto. Admission to the
listing and trading of the Notes on the TPEx shall not
be taken as an indication of the merits of the Issuer,
the Guarantor or the Notes.
(c)
Estimate of total expenses
GBP3,650 + VAT in relation to admission to trading of
related to admission to trading:
the Notes on the regulated market of the London Stock
Exchange and NTD515,000 in relation to the listing
and trading of the Notes on the TPEx.
2
Ratings
The Notes to be issued have been rated:
Moody's: Aa3



3
Interests of Natural and Legal Persons Involved in the Issue
"Save as discussed in "Subscription and Sale", so far as the Issuer is aware, no person
involved in the offer of the Notes has an interest material to the offer."
4
Operational Information
ISIN:
XS1405950129
Common Code:
140595012
Any clearing system(s) other than
Not Applicable
Euroclear Bank S.A./N.V. and


Clearstream Banking,

société

anonyme and the relevant

identification number(s):

Names and addresses of initial
The Bank of New York Mellon, acting through its
Paying Agent(s):
London Branch

One Canada Square

London E14 5AL

United Kingdom

Names and addresses of additional
Not Applicable
Paying Agent(s) (if any):
5
Distribution
(a)
Method of distribution:
Syndicated
(b)
If syndicated, names of
Standard Chartered Bank (Taiwan) Limited as Lead
Managers:
Manager and Sole Bookrunner; Capital Securities
Corp, E.Sun Commercial Bank, Ltd., KGI Securities
Co. Ltd., Mega International Commercial Bank
Co.,Ltd., SinoPac Securities Corporation and Yuanta
Securities Co., Ltd. as Co-Managers
(c)
Stabilisation Manager(s) (if
Not Applicable
any):
(d)
If non-syndicated, name of
Not Applicable
Dealer:
(e)
US Selling Restrictions:
Reg. S Compliance Category 2;
TEFRA not applicable