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 9,693.79 1.13 1,295,602,542
Dubai 5,467.10 2.29 992,459,083
Saudi 10,840.94 1.49 5,346,639,269
Kuwait 8,855.30 1.42 90,360,528
Qatar 10,626.50 0.81 451,138,969
Muscat 4,543.10 1.06 8,586,224
Bahrain 1,917.54 0.16 591,844
Egypt 32,511.68 1.29 2,033,988,477
Amman 2,676.09 0.32 9,348,032
Palestine 552.82 0.01 640,789

Commodities

Name Last update Closing Price Change %
Brent Jun-12 69.37 0.46
Natural Gas Jun-12 3.51 0.37
Gold Jun-12 3,407.00 1.94
Silver Jun-12 36.34 0.23
Platinum Jun-12 1,274.70 1.3
Nymex Light Jun-12 67.93 0.19

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 42,737.36 42,902.73 0.09
Nasdaq 19,578.90 19,675.84 0.31
S&P 500 6,009.90 6,040.99 0.31
Name Opening price Closing Price Change%
Frankfurt 23,768.05 23,771.45 0.74
Paris 7,741.04 7,765.11 0.14
London 8,864.35 8,884.92 0.23
Stockholm 948.74 944.66 0.94
Switzerland 12,237.47 12,323.40 0.06
Name Opening price Closing Price Change%
Shanghai 3,397.97 3,402.66 0.01
Hong Kong 24,223.12 24,035.38 1.36
Jakarta 7,219.56 7,204.37 0.25
Tokyo 38,324.93 38,173.09 0.65

Currency

Name Rate Last update
EURO/USD 1.158 Jun-12
GBP/USD 1.359 Jun-12
USD/JPY 143.751 Jun-12
USD/CHF 0.813 Jun-12