Nasdaq Dubai Welcomes $500 Million Bond Listing by Bank of China Dubai Branch
Dubai: Nasdaq Dubai has welcomed the listing of a USD 500 million floating-rate bond issued by Bank of China Dubai Branch under its USD 40 billion Medium Term Note Programme. The three-year conventional bond, maturing on 24 November 2028, set a record for the narrowest issuance spread of US dollar bonds with a three-year maturity among Chinese banks, highlighting the international market’s strong recognition of Bank of China’s credit strength and financing capabilities. According to Emirates News Agency, the issuance underscores the strong and growing presence of Chinese financial institutions on Nasdaq Dubai and reflects continued investor confidence in Bank