Qatar Exchange | Qatar National Bank | QNB GROUP BECOMES THE FIRST BANK IN QATAR TO OFFER GREEN BONDS AS PART OF ITS MEDIUM-TERM DEBT SECURITIES PROGRAM

 

QNB Group announced the successful completion of QNB Group’s first green benchmark bond issuance and first ever green bond issued by a Qatari bank. Under the MTN Programme, USD600 million tranche in the form of Senior Unsecured Notes was issued with a maturity of 5 years and listed on the London Stock Exchange under Sustainable Bond Market segment. The proceeds from this green bond issuance will be used to finance and/or refinance assets in verified Eligible Green Projects.

 

QNB Group received subscriptions in excess of USD1.8 billion demonstrating the global investor’s confidence in QNB Group’s solid financial fundamentals and strong financial performance. The issuance was part of QNB Group’s ongoing strategy to ensure diversification of funding in terms of type, tenor and geography as an example of commitment to ESG principles. The Reg S issue attracted strong interest from investors globally and was arranged by Barclays PLC as Global Coordinator and Joint Lead Manager, ING as Sole Sustainability Structuring Advisor and Joint Lead Manager, and Crédit Agricole, HSBC, QNB Capital and Standard Chartered Bank as Joint Lead Managers.

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 4,510.60 0.12 784,142,116
Dubai 2,320.87 0.86 1,411,203,446
Saudi 8,337.88 0.32 14,664,975,320
Kuwait 6,009.90 1.28 56,540,406
Qatar 9,942.06 0.01 656,720,137
Muscat 3,647.71 0.4 623,378
Bahrain 1,435.25 1.23 1,110,058
Egypt 11,050.89 0.34 689,586,479
Amman 1,585.73 0.17 8,617,926
Palestine 445.31 0.41 47,820,623

Commodities

Name Last update Closing Price Change %
Brent Sep-18 43.01 0.67
Natural Gas Sep-18 2.06 1.33
Gold Sep-18 1,958.50 0.45
Silver Sep-18 27.05 0.18
Platinum Sep-18 931.80 0.1
Nymex Light Sep-18 40.97 0

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 27,864.87 27,720.51 0.65
Nasdaq 10,973.40 10,790.23 1.1
S&P 500 3,357.38 3,323.51 1
Name Opening price Closing Price Change%
Frankfurt 13,210.86 13,116.25 0.7
Paris 5,005.89 4,978.18 1.22
London 6,049.92 6,007.05 0.71
Stockholm 727.24 729.00 0.26
Switzerland 10,532.26 10,539.17 0.19
Name Opening price Closing Price Change%
Shanghai 3,270.91 3,338.09 2.07
Hong Kong 24,381.13 24,455.41 0.3
Jakarta 5,037.37 5,059.22 0.43
Tokyo 23,321.19 23,360.30 0.18

Currency

Name Rate Last update
EURO/USD 1.185 Sep-18
GBP/USD 1.292 Sep-18
USD/JPY 104.619 Sep-18
USD/CHF 0.911 Sep-18