Nasdaq Dubai Sees Listing Of $2bn Of Bonds From China
Nasdaq Dubai has announced the listing of two bonds by the Ministry of Finance of the People’s Republic of China, worth a combined $2bn.
One is a three-year $1.25bn bond and the other is a five-year $750m bond.
The listing aligns with the UAE’s strategic commitment to enhance economic and financial collaboration with China, a partnership that has flourished over four decades of diplomatic relations.
Nasdaq Dubai lists China bonds
The bond listings also underscore Nasdaq Dubai’s reputation as a leading international venue for debt securities and reaffirms its role as a critical gateway for capital flows between Asia and the Middle East with debt issuances from over 14 countries.
With this listing, Nasdaq Dubai’s cumulative bond listings have reached $42bn, while total debt listings stand at $135bn across 156 issuances, of which more than 50per cent are government/sovereign issuances.
Chinese entities have had a notable presence on Nasdaq Dubai, with more than $22bn debt listed till date.
China’s big four banks, all of which have their regional headquarters in DIFC have long been active issuers on Nasdaq further strengthening the Exchange as the venue of choice. They are:
- Industrial and Commercial Bank of China
- Bank of China
- China Construction Bank Corporation
- Agricultural Bank of China
Hamed Ali, CEO of Nasdaq Dubai and DFM, said, “We are pleased to welcome this issuance from the Ministry of Finance, People’s Republic of China, a significant addition to our portfolio that highlights our commitment to fostering deep, collaborative relationships with international jurisdictions.
“This landmark issuance underscores Nasdaq Dubai’s position as a bridge for global capital, facilitating robust financial market interactions. We are proud to support these issuances, which celebrates decades of UAE-China relations and reinforces our mutual goals of strengthening economic and financial market ties.”
Ian Johnston, Chief Executive of the Dubai Financial Services Authority (DFSA), said: “The growing collaboration between China and the Middle East presents transformative opportunities for stakeholders across both regions.
“This significant listing by China’s Ministry of Finance underscores the deepening economic ties and collaborative financial aspirations of our nations.
“At DFSA, we align with Dubai’s vision for innovation and global connectivity, fostering a trusted regulatory environment that empowers businesses, including Chinese firms, to thrive and expand in an increasingly interconnected world.”
Aqua Labs Backs UAEs Vision 2030 With Launch Of $20mn Startup Fund
The programme invites founders worldwide to apply for funding, mentorship, and access to Web3 infrastructure The post A... Read more
Alpha Dhabi Sells 8.5% Modon Stake To Abu Dhabi Governments Limad Holding
The wholly owned entity of the Abu Dhabi Government now owns majority share in Modon after buying IHC and ADQ stakes as... Read more
ADNOC Distribution Delivers Its Strongest EBITDA Since IPO For Q3
Quarterly EBITDA of $319mn is the highest ever, up 15.9%; Net profit surged to $221mn, up 21.5%; Record 9M fuel volumes... Read more
PIF Spending Shift To Spur Greenfield FDI In Saudi As Private Equity Expands
Bain’s Gregory Garnier says Saudi's sovereign wealth fund is entering a more disciplined phase, redirecting capital f... Read more
EXCLUSIVE: SEDCO Capital Listing Possible Within 3 Years, CEO Says Amid Saudi IPO Boom
CEO Rayyan Nagadi says the group’s investment arm could go public within 3 years, as Saudi Arabia’s buoyant IPO mar... Read more
Tabby Completes Secondary Share Sale At $4.5 Billion Valuation
The transaction involved HSG, Boyu Capital and other investors acquiring shares from existing shareholders The post Tab... Read more