Nasdaq Dubai Lists Bonds Worth $2 Billion from China’s Ministry of Finance

Nasdaq Dubai announced the listing of two bonds by the Ministry of Finance of the People's Republic of China, solidifying its role as a premier international platform for debt securities.

The listings include a three-year bond worth $1.25 billion and a five-year bond valued at $0.75 billion.

This move reflects the UAE’s strategic commitment to strengthening economic ties with China, a relationship built over four decades of diplomatic collaboration. It also highlights Nasdaq Dubai’s position as a vital gateway for capital flows between Asia and the Middle East.

With these additions, Nasdaq Dubai's total bond listings have reached $42 billion, contributing to $135 billion in overall debt listings across 156 issuances. More than half of these are government or sovereign issuances. Chinese entities alone have listed over $22 billion in debt on the exchange, underscoring their significant presence in the region.

Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), praised the listings as milestones in UAE-China relations, stating,

“This issuance underscores Nasdaq Dubai's position as a bridge for global capital, facilitating robust financial interactions.”

Ian Johnston, CEO of the Dubai Financial Services Authority (DFSA), emphasized the transformative potential of China-Middle East collaboration. He noted,

"This significant listing by China's Ministry of Finance highlights the deepening economic ties and shared financial aspirations of our nations."

China’s "big four" banks—Industrial and Commercial Bank of China, Bank of China, China Construction Bank Corporation, and Agricultural Bank of China—based in Dubai International Financial Centre (DIFC), have been active issuers, further cementing Nasdaq Dubai as the venue of choice for international debt listings.

News Source: Emirates News Agency