Nasdaq Dubai has announced the listing of two bonds from the Ministry of Finance of the People’s Republic of China, including a three-year bond valued at $1.25 billion and a five-year bond worth $750 million.
The bond listings highlight Nasdaq Dubai’s status as a premier international hub for debt securities, reinforcing its role as a vital link for capital flows between Asia and the Middle East.
The exchange has seen debt issuances from over 14 countries, and with this new listing, Nasdaq Dubai’s cumulative bond listings have reached $42 billion, while total debt listings are at $135 billion across 156 issuances, with more than half being government or sovereign issuances.
“This landmark issuance underscores Nasdaq Dubai’s position as a bridge for global capital, facilitating robust financial market interactions,” said Hamed Ali, CEO of Nasdaq Dubai and DFM. “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), added,” 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.”
Chinese entities have a strong presence on Nasdaq Dubai, with over $22 billion in debt listed to date. The ‘big four’ Chinese banks, all with regional headquarters in Dubai International Financial Centre (DIFC)—Industrial and Commercial Bank of China Limited, Bank of China, China Construction Bank Corporation, and Agricultural Bank of China—continue to be active issuers, solidifying Nasdaq Dubai as a venue of choice.
