Nasdaq Dubai has welcomed the listing of a CNY1 billion (US$140 million) bond by Emirates NBD Bank, marking the lender’s return to the Dim Sum market and further strengthening Dubai’s position as a global financial hub.
Issued under Emirates NBD’s US$20 billion Euro Medium Term Note Programme, the 2.40 percent notes are due in 2028 and are denominated in Chinese renminbi, offering global investors access to offshore RMB bonds. The issuance supports the bank’s strategy to diversify its funding sources and reflects strong investor confidence in UAE financial institutions.
With this latest admission, Emirates NBD now has US$5.4 billion in debt instruments listed on Nasdaq Dubai across nine issuances, reinforcing its standing as one of the most active financial institutions on the exchange.
To celebrate the listing, Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, rang the market-opening bell at Nasdaq Dubai alongside Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market. Al Qassim said the offering highlights the bank’s commitment to meeting investor demand for RMB-denominated bonds and aligns with Dubai’s broader ambitions as a wealth and investment hub.
Hamed Ali noted that the listing demonstrates the strength of Dubai’s capital markets and the growing links between the UAE and Asia. The transaction also emphasizes the ability of local issuers to tap into diverse funding channels and global investor bases.
The total value of debt securities listed on Nasdaq Dubai has now reached US$140 billion, underscoring the exchange’s expanding role as a leading platform for fixed-income securities in the region.
News Source: Emirates News Agency
