5 Hrs
Source:
وكالة الأنباء القطرية
QNB Capital to coordinate Qatar's $3B bond
QNB Group announced the successful role of QNB Capital as the global coordinator for Qatar’s USD sovereign bond issuance, totaling $3 billion. The issuance was divided into two tranches, each with a tenure of five and ten years. Both tranches were priced with spreads of 55 and 65 basis points above U.S. Treasury yields, respectively, with oversubscription requests exceeding twice the size of each tranche, reflecting international investor confidence in the country's financial strength. Officials indicated that this issuance demonstrates ongoing market confidence in Qatar’s economy and underscores QNB Capital’s ability to execute successful international debt transactions. It also highlights Qatar’s support for accessing global capital markets.
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