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

Features

The pain and gain of OMW's acquisition of AAM Advisory

The pain and gain of OMW's acquisition of AAM...

Old Mutual Wealth’s shock decision in February to buy AAM Advisory, the largest expat-focused IFA firm in Singapore, has in some ways felt like “having a tooth removed”, according to chief executive Matthew...

Analysis

Profiles

Directories

Utmost Wealth Solutions
Utmost Wealth Solutions

ADDRESS Royalty House, Walpole Avenue, Douglas,...

Tweets

Events

IA International Portfolio Bond Forum 2017
IA International Retirement Planning Forum Dubai 2017
IA International Retirement Planning Forum Dubai 2017

Thursday 15 March,
Shangri-La Hotel, Dubai

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...