Qatar Exchange | Rayan Bank | Issuance of USD 500 million 5-year Senior Unsecured RegS Sukuk

 

AlRayan Bank (Q.P.S.C) rated A2 by Moody’s with a stable outlook has successfully issued its USD 500 million 5-year Senior Unsecured RegS Sukuk at a final Price of 5-year US Treasuries + 80 bps (Expected Profit rate of 4.875% at an Issue price of 99.82).The successful completion of this transaction underscores the robustness of the Qatari economy and AlRayan Bank’s strong credit fundamentals. This issuance reaffirms AlRayan Bank’s standing as a leading financial institution in the region and marks a significant milestone in its journey to diversify its funding sources and continue to strengthen its presence in the international marketsFor details, please refer to the press release enclosed hereto. 

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,582.64 0.7 789,570,065
Dubai 5,510.71 0.61 911,621,732
Saudi 11,350.95 0.71 2,122,266,327
Kuwait 9,371.24 0.77 37,662,287
Qatar 11,356.75 0.31 242,969,194
Muscat 6,248.05 0.85 23,375,153
Bahrain 2,049.13 0.12 730,806
Egypt 47,683.17 0.37 527,619,966
Amman 3,637.48 0.16 12,666,702
Palestine 631.65 0.47 140,765

Commodities

Name Last update Closing Price Change %
Brent Apr-02 109.03 7.78
Natural Gas Apr-02 2.80 0.67
Gold Apr-02 4,679.70 2.77
Silver Apr-02 72.92 4.15
Platinum Apr-02 1,983.20 0.33
Nymex Light Apr-02 111.54 11.41

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 46,469.36 46,504.67 0.13
Nasdaq 21,472.52 21,879.18 0.18
S&P 500 6,512.61 6,582.69 0.11
Name Opening price Closing Price Change%
Frankfurt 22,935.23 23,168.08 0.56
Paris 7,877.50 7,962.39 0.24
London 10,366.30 10,436.30 0.69
Stockholm 1,032.59 1,034.30 1.38
Switzerland 12,884.78 12,981.97 0.07
Name Opening price Closing Price Change%
Shanghai 3,927.59 3,899.09 0.52
Hong Kong 25,254.49 25,116.53 0.7
Jakarta 7,153.11 7,026.78 2.19
Tokyo 53,039.40 52,938.62 0.91

Currency

Name Rate Last update
EURO/USD 1.154 Apr-03
GBP/USD 1.323 Apr-03
USD/JPY 159.610 Apr-03
USD/CHF 0.799 Apr-03