Qualified Institutional Buyer

Qualified institutional buyer (QIB) is a status granted to sophisticated securities buyers with assets above a certain threshold (which varies by jurisdiction). The designation provides exemptions from certain restrictions imposed on retail investors and from certain securities registration requirements. In the US, a qualified institutional buyer (QIB), as per Rule 144a of the US Securities Act of 1933 (amended in 2020) grants QIB status to certain entities that own or invest on a discretionary basis a minimum of USD100 million in securities of unaffiliated issuers. China, India and other jurisdictions also have QIB schemes.