Qatar National Bank and Euroclear have created a new settlement link, enabling international investors access to the country’s domestic debt market.
Investments in these domestic instruments will be cleared by Euroclear’s infrastructure while issuers access to a broader and more diversified pool of capital
The link will enable investors worldwide to access and settle eligible Qatari riyal-denominated conventional government bonds and sukuk through Euroclear’s International Central Securities Depository – Euroclear Bank, significantly enhancing access to Qatar’s domestic capital market. Euroclear Bank will act as issuer CSD, Edaa, the Qatar Central Securities Depository, will serve as investor CSD for local investors, and Qatar Central Bank will act as issuer and paying agent.
H.E. Sheikh Ahmed bin Khalid bin Ahmed Al Thani, Deputy Governor of the Qatar Central Bank, described the collaboration as “a practical step towards expanding international access to Qatari government debt instruments and strengthening the presence and visibility of the Qatari market among global investors.”