Nasdaq Dubai has listed a CNY 1 billion (USD 140 million) bond issued by Emirates NBD Bank PJSC. The bond, which carries a 2.40% coupon and is due in 2028, was launched under the bank’s USD 20 billion Euro Medium Term Note Programme. This issuance marks Emirates NBD’s return to the Dim Sum market, allowing global investors to access renminbi-denominated bonds outside mainland China.
Following this listing, Emirates NBD now has USD 5.4 billion in debt instruments listed on Nasdaq Dubai across nine separate issuances. The bank continues to be one of the most active UAE financial institutions on the exchange. The transaction also highlights the increasing importance of renminbi-denominated bonds in connecting Dubai with Asian capital markets.
To mark the event, Hesham Abdulla Al Qassim, Vice Chairman and Managing Director at Emirates NBD, rang the market-opening bell at Nasdaq Dubai alongside Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market.
Hesham Abdulla Al Qassim said: “We are pleased to issue yet another offering catering to an active demand for renminbi-denominated bonds outside mainland China. This new issuance underscores our strategic focus on wealth creation for our clients, supported by significant capital inflows to the country and an attractive product portfolio to meet customer appetite. Nasdaq Dubai is the ideal platform for our listings, owing to its high international profile and exceptional regulatory framework. Together, we contribute to reinforcing Dubai’s position as a leading global financial hub.”
Hamed Ali added: “Dubai’s international exchange continues to provide a trusted platform for UAE issuers to reach global investors. Emirates NBD’s Dim Sum bond underlines the growing appeal of our market and the ability of leading institutions to diversify their funding across currencies and geographies. This listing further strengthens Dubai’s role as a leading centre for debt capital markets and expands the opportunities available to our international investor base.”
The total outstanding value of debt securities listed on Nasdaq Dubai has reached USD 140 billion, which shows its position as a main fixed income hub in the region.
