QNB Group Raises $1 Billion Through Bond Sale

QNB Group Raises $1 Billion Through Bond Sale

QNB Group has raised $1 billion by selling bonds as part of its Medium-Term Note (MTN) program, according to a report on the Qatar Stock Exchange on Sunday.

Details of the Bond Sale

The bank sold five-year bonds with a 4.5% interest rate. The sale happened on July 17 and received strong interest from investors around the world. The demand was so high that it was three times more than the amount offered. Many investors were from Asia, including some new ones.

Because of the strong demand, QNB was able to lower the interest rate to 70 basis points above the U.S. Treasury rate, down from the earlier expected 100 basis points.

QNB said the money raised will be used for general banking needs.

Several big banks helped organize and sell the bonds, including Santander, Barclays, DBS, Deutsche Bank, Mizuho, QNB Capital, SMBC, and Standard Chartered.

Other Recent QNB Deals

• In April, QNB secured a $2 billion loan from a group of banks.

• In October 2024, it refinanced a $1.05 billion loan with a new three-year term.

• That same month, QNB combined its brand name in Egypt and Türkiye under “QNB.”

Bond Market in the MENA Region

Bond sales in the Middle East and North Africa grew 17% in the first half of 2025, reaching $86.8 billion, according to a Zawya report.

Saudi Arabia led the region with 52% of bond sales, followed by the UAE (25%) and Qatar (8%).

Most of the money came from companies (55%), while governments and agencies raised 26%.

Published: 21st July 2025

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