The Commercial Bank PSQC Successfully Issues QAR 500 Million Senior-Unsecured Bonds
Reuters
Jul 01, 2025
The Commercial Bank PSQC Successfully Issues QAR 500 Million Senior-Unsecured Bonds
Doha, Qatar - On June 29, 2025, The Commercial Bank P.S.Q.C. ("CBQ") successfully issued QAR 500 million in Senior-Unsecured Bonds with a 3-year tenor. The bonds, part of the bank's EMTN programme, come with a coupon rate of 4.90% and are listed on the Euronext Dublin. Rated A2 by Moody's, A- by S&P, and A by Fitch with a stable outlook, CBQ's issuance represents the largest local currency bond issuance to date by a financial institution in Qatar. This move highlights the strength of the Qatari economy and CBQ's robust credit fundamentals. The issuance was managed by DBS Bank and Standard Chartered Bank, serving as Joint Lead Managers.
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