Categories: Business

UAE In-Focus: BOC lists $300m bonds on Nasdaq Dubai; Khalifa Ports expands


Wed, 2022-12-14 15:30

RIYADH: In a first-of-its-kind listing in Dubai, the Bank of China’s Dubai branch has issued the 2025-maturing bonds at a yield of 4.84 percent as BOC’s previous such listing was issued by its Abu Dhabi branch in 2015.  

Highlighting Nasdaq Dubai’s significant role in strengthening links between capital markets in Dubai and China, Li Xuhang, consul-general of the People’s Republic of China, rang the market opening bell to celebrate the listing of $300 million bonds on Nasdaq Dubai.  

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