Nasdaq Dubai has added the New Development Bank’s USD 50 billion Euro Medium Term Note Programme to its exchange, strengthening the Bank’s access to global capital markets and reinforcing Dubai’s position as a growing hub for sustainable finance.
The listing gives the multilateral lender a flexible framework to issue debt that supports infrastructure and sustainable development projects across its member countries along with emerging and developing economies. The Programme is already listed on the Financial Conduct Authority’s official register and the London Stock Exchange, carrying ratings of AA from Fitch and AA+ from S&P.
Established by the BRICS nations in 2015, the New Development Bank focuses on financing projects that advance economic growth, social inclusion, and environmental sustainability. Its mandate spans clean energy, digital infrastructure, transport, and water systems. The UAE joined the Bank in 2021, contributing USD 556 million in capital and strengthening its financial capacity and global reach.
NDB Vice President and Chief Financial Officer Monale Ratsoma said the Nasdaq Dubai listing offers access to a diverse investor base and supports the Bank’s strategy to broaden its funding sources across markets.
Nasdaq Dubai and DFM CEO Hamed Ali said the addition of the Programme reflects Dubai’s expanding role in development finance and its commitment to facilitating capital flows that promote economic progress and environmental resilience.
The listing connects NDB to a sophisticated pool of regional and international institutional investors, further deepening cooperation between the UAE and the Bank while highlighting Nasdaq Dubai’s ability to host large, complex financial programmes within a transparent and well-regulated platform.
News Source: Dubai Media Office
