(MENAFN) On Thursday (January 13, 2022), Doha Bank QPSC declared the positive launching trading in the Swiss market. Doha Bank ended the 2-year trading of CHF175 million (around USD 191,4m), with a coupon of 0.465 percent.
The bank’s past issuance was an international level of USD500m deal on March 31 of last year. Management has showed that the bank is going to remain searching for prospects and come back to the market in the near future.
Dr. Seetharaman, Chief Executive Officer of Doha Bank said, ‘this inaugural issuance is in line with the Bank’s longer term funding strategy and will be a useful source of diversification, towards attracting high quality investors as well as an arbitrage as we remain focus on our cost of funding.’
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