qatar national bank launches debt fund

Added 6th December 2012

The Qatar National Bank has launched a debt fund, becoming the first bank in Qatar to launch a fund of this kind.

qatar national bank launches debt fund

The QNB Debt Fund will invest in debt securities issued by GCC-based sovereign and corporate entities and is open to retail and institutional investors.

QNB said GCC bonds offer a “combination of attractive rates of return (and superior levels of underlying credit risk) which is not generally available elsewhere”.

Denominated in Qatari riyals, the fund has a minimum investment requirement of QR 20,000. Further investment thereafter will be in multiples of QR 10,000. The fund is regulated by the Qatar Central Bank.

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

International Adviser is aimed at global intermediaries who advise their HNW clients on International fund, life and banking products and tax efficient solutions to their cross-border needs

To subscribe to International Adviser's news bulletins and apply for a magazine subscription click below

Editor's Pick

Halley's comet: Intermediary profile with Capstone Financial
Halley's comet: Intermediary...

The Capstone Financial Group was not slow to adapt...

Singapore adviser ring accused of pressuring rival out of market
Singapore adviser ring...

Ten Singapore-based advisory firms have been issued...

HMRC to act against aggressive tax avoidance scheme
HMRC to act against aggressive...

The UK tax office said it plans to take firm action...

Sponsored Content


Other Stories From