Commercial Bank has issued the first-ever Qatari Riyal denominated international bond.
The three-year privately placed QAR-denominated bond has a total size of QAR 429 million, a coupon rate of 5.85% per annum payable semi-annually, and is available to both domestic and international investors.
The bond is listed on Euronext Dublin, rated A- by Fitch, and clearable by Euroclear SA, one of two global custodians. HSBC acted as the lead manager for the transaction supporting the Commercial Bank's Investments Team to structure the transaction and engage with investors.
Commercial Bank continues to innovate and set examples of leadership for the financial sector in Qatar.
If you would like to explore more investment opportunities provided by Commercial Bank, please contact your Relationship Manager or send an email to
invsales@cbq.qa.