UAE – Mubasher: Nasdaq Dubai welcomed $400 million in green bonds by the Bank of China, one of China’s four biggest state-owned commercial banks, according to a press release.
This issuance, scheduled for 2027, is rated “A” by S&P Global Ratings and is part of Bank of China’s $40 billion medium term note programme.
The floating rate notes have been issued as green bonds, wherein the issuer intends to use the net proceeds to finance or refinance eligible green projects.
Through green finance initiatives, Nasdaq Dubai continues to bolster global sustainability goals, reinforcing a marketplace that supports responsible investments.
Following this listing, the total value of bonds listed on Nasdaq Dubai by the Bank of China, including listings from both Luxembourg and Dubai branches, stands at $1.47 billion.
It expanded Nasdaq Dubai's portfolio of ESG-related issuances to $30 billion, and the total value of listed bonds to $41 billion drived the exchange’s growing standing as a global leader in fixed income listings.
Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market, commented: “This admission highlights Dubai’s role as a premier destination for international issuers and reflects the deep-rooted relationship between the UAE and China. It also underscores the growing demand from international investors for a sustainable and dynamic financial ecosystem in the region.”
