QSE lists QNB Group’s QR1bn bonds, largest Qatari riyal–denominated issuance

Doha, Qatar: Qatar Stock Exchange (QSE) yesterday witnessed the successful listing of QNB Group s QR1bn bonds which represent the largest Qatari riyal...

Doha, Qatar: Qatar Stock Exchange (QSE) yesterday witnessed the successful listing of QNB Group’s QR1bn bonds which represent the largest Qatari riyal–denominated issuance in the history of the local market.

On this occasion, a bell-ringing ceremony was held in the presence of Chief Executive Officer of QSE Abdulla Mohammed Al-Ansari, QNB Group Chief Business Officer Yousef Mahmoud Al Neama alongside senior officials and executives.

The bonds were offered exclusively to international investors and were fully subscribed by a diversified investor base, reflecting strong confidence in QNB Group’s financial strength, credit profile, and regional leadership, as well as in the resilience and stability of Qatar’s financial system.

The issuance totals QR1bn with a one-year tenor and an annual coupon rate of 4%. The transaction forms part of QNB Group’s broader funding diversification strategy, reinforcing its prudent liquidity management and ability to access international capital in local currency.

This listing marks a significant milestone in the ongoing development of QSE’s debt instruments market, demonstrating the local market’s capacity to accommodate large-scale issuances in local currency within a robust regulatory framework and advanced trading, clearing, and settlement infrastructure, thereby enhancing market efficiency and transparency.