Dubai / 20-10-2019
NASDAQ Dubai today welcomed the listing of two billion-dollar bonds by the Industrial and Commercial Bank of China, the world’s largest bank by assets.
With the listing of these two bonds, each worth $ 500 million, the total value of the bonds listed by the Industrial and Commercial Bank of China in NASDAQ Dubai is $ 4.56 billion through nine listings.
This is the largest value of bonds listed on the exchange by an external issuer. All bonds have been issued by the ICBC branch in Dubai.
The listing reinforces the strong financial and economic ties between Dubai and China, the UAE’s largest non-oil trading partner.
