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.”

RECENT NEWS

UAE Targets Islamic Finance And Halal Industry Growth As Bank Deposits Hit $162bn And $86bn Export Target Set

The UAE has launched a bold national strategy to boost Islamic finance and halal industry growth Read more

IHC Launches AI-native Reinsurance Platform RIQ From Abu Dhabi With $1bn Backing

IHC launches RIQ, a next-gen AI-driven reinsurance platform based in Abu Dhabi’s ADGM, backed by $1bn and supported b... Read more

Qatar Tax Authority Extends Fine Waiver Until August 31

Qatar’s General Tax Authority extends its 100 per cent Financial Penalty Exemption Initiative Read more

OpenAI In Discussions With UAEs MGX, Saudis PIF For Its $40bn Funding

Founder Sam Altman has also approached Mukesh Ambani’s Reliance Industries, reports The Information Read more

Sharjah Islamic Bank Strengthens Capital With New Sukuk

This most recent transaction marks the fifth listing by the Bank on Nasdaq Dubai, raising its total listed value on the... Read more

Worlds First Machine Economy Freezone To Launch In UAE  

Pulsar Group and peaq unveil global first in UAE, setting the stage for decentralised, AI-powered smart cities Read more