Qatar Exchange | Rayan Bank | Issuance of USD 500 million 5-year Senior Unsecured RegS Sukuk

 

AlRayan Bank (Q.P.S.C) rated A2 by Moody’s with a stable outlook has successfully issued its USD 500 million 5-year Senior Unsecured RegS Sukuk at a final Price of 5-year US Treasuries + 80 bps (Expected Profit rate of 4.875% at an Issue price of 99.82).The successful completion of this transaction underscores the robustness of the Qatari economy and AlRayan Bank’s strong credit fundamentals. This issuance reaffirms AlRayan Bank’s standing as a leading financial institution in the region and marks a significant milestone in its journey to diversify its funding sources and continue to strengthen its presence in the international marketsFor details, please refer to the press release enclosed hereto. 

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,734.99 0.45 1,013,978,305
Dubai 5,535.93 0.25 871,762,036
Saudi 11,004.53 1.59 4,619,250,454
Kuwait 8,854.23 0.42 71,356,398
Qatar 10,558.34 0.56 494,288,258
Muscat 4,578.81 0.56 5,130,892
Bahrain 1,923.07 0.1 392,179
Egypt 32,677.87 1 1,557,801,769
Amman 2,672.15 0.15 8,266,925
Palestine 546.32 1.61 751,772

Commodities

Name Last update Closing Price Change %
Brent Jun-06 66.47 1.73
Natural Gas Jun-06 3.78 2.91
Gold Jun-06 3,346.60 0.84
Silver Jun-06 36.14 0.93
Platinum Jun-06 1,168.10 2.78
Nymex Light Jun-06 64.58 1.91

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 42,631.82 42,762.87 1.05
Nasdaq 19,526.99 19,529.95 1.2
S&P 500 5,987.06 6,000.36 1.03
Name Opening price Closing Price Change%
Frankfurt 24,304.37 24,304.46 0.08
Paris 7,794.88 7,804.87 0.19
London 8,811.00 8,837.90 0.31
Stockholm 955.90 959.58 0.47
Switzerland 12,309.31 12,366.17 0.39
Name Opening price Closing Price Change%
Shanghai 3,384.29 3,385.36 0.04
Hong Kong 23,941.57 23,792.54 0.48
Jakarta 7,100.24 7,113.42 0.63
Tokyo 37,590.44 37,741.61 0.5

Currency

Name Rate Last update
EURO/USD 1.140 Jun-06
GBP/USD 1.353 Jun-06
USD/JPY 144.792 Jun-06
USD/CHF 0.822 Jun-06