UAE – Mubasher: Nasdaq Dubai, the international financial exchange in the Middle East, has welcomed the listing of two bonds valued at $1 billion by Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets.
The two bonds of $500 million, each, bring the total value of all bonds listed on Nasdaq Dubai by ICBC to 4.56 billion US dollars from nine issuances, according to Nasdaq Dubai’s statement on Sunday.
“This is the highest value of conventional bond listings on the exchange by any overseas issuer. All the bonds were issued by ICBC Dubai (DIFC) Branch,” the statement said.
