Qatar Exchange | Qatar National Bank | QNB Group Announces the Successful Issue Of Bonds Amounting To US$1 Billion Under Its Medium Term Note Programme

QNB Group announced the successful completion of a bond issuance under its Medium Term Note Programme in the international capital markets. Under this programme, a five year, US$1 billion tranche was launched on 17 July 2025. The Reg S issue attracted phenomenal interest from key global investors leading to the issuance being heavily oversubscribed, with peak orders at 3 times the issue size. Further the pricing on the bonds tightened significantly with the final pricing at 70 bps over US Treasury compared to the initial pricing of 100 basis points over US Treasury. The coupon on the bond is 4.50%.The order book reflected significant interest across various geographies with key interest from Asian investors. The book included several names new to QNB and the region. Noor Mohammed Al Naimi, Senior Executive Vice President for QNB Group Treasury & Financial Institutions added that the landmark transaction is a testament to investors’ confidence in QNB Group’s financial strength and its position as the largest financial institution in the MEA region. The proceeds of this issue will be utilized for general banking purposes.The issue was arranged and offered through a syndicate of Joint Lead Managers that included Banco Santander, S.A., Barclays Bank PLC, DBS Bank Ltd., Deutsche Bank AG, London Branch, Mizuho International plc, QNB Capital LLC, SMBC Bank International plc and Standard Chartered Bank.