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QNB rises on bond completion
- Qatar: Tuesday, April 23 - 2013 at 16:21
The Doha-based QE 20 Index ended up 1.10% at 8,534.78 points Tuesday. Shares of Qatar National Bank or QNB gained 1.30%, finishin at QR133.80. Earlier in the day, QNB said it successfully completed a bond issuance under its Euro Medium Term Note (EMTN) program in the international capital markets. Under this program a $1.0bn tranche was issued on 22 April 2013 that matures after 7 years with an attractive coupon rate of 2.875%.
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Gérard Al-Fil, Financial JournalistTuesday, April 23 - 2013 at 16:21 UAE local time (GMT+4)
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