QNB Group Raises QAR 750 Million in Second Shogun Bond Issuance

Key Facts

1QNB Group raised QAR 750 million ($206 million) from its second three-year Qatari riyal-denominated Shogun bond issuance.

2The transaction is the largest QAR-denominated Shogun bond issuance to date.

3Sumitomo Mitsui Banking Corporation (SMBC) was mandated to arrange the issuance.

QNB Group raised QAR 750 million ($206 million) through its second three-year Qatari riyal-denominated Shogun bond issuance. Arabian Gulf Business Insight reported that the transaction represents the largest QAR-denominated Shogun bond issuance to date, with Sumitomo Mitsui Banking Corporation (SMBC) mandated to arrange the deal.

The issuance follows a previous successful transaction in February 2025 and aims to diversify the group's funding sources. Regarding market performance, SUTNY closed at $5.28 on October 21, 2026, with the stock trading between a day low of $5 and a high of $5.4 during the session.