China Construction Bank lists $600 million green bond on Nasdaq Dubai

Total value of bonds listed on Nasdaq Dubai by China Construction Bank is $2.45 billion

Last updated: January 15, 2024 | 18:27

2 MIN READ

To mark the issuance, Li Xuhang, Consul-General of the People’s Republic of China in Dubai and Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), rang the market opening bell at Nasdaq Dubai.

Dubai Media Office

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Dubai: China Construction Bank’s Dubai International Financial Centre (DIFC) branch has listed a $600 million green bond on Nasdaq Dubai. The green bond issuance represents the bank’s commitment to sustainable financing and highlights the synergy in green financing between China and UAE, said the Dubai Media Office.

The total value of bonds listed on Nasdaq Dubai by China Construction Bank, comprising the issuances by Hong Kong and Dubai branches, now stands at $2.45 billion. The cumulative value of outstanding debt from Chinese Issuers on Nasdaq Dubai is $11.95 billion through 22 issuances.

This listing brings Nasdaq Dubai’s total value of ESG-related issuances to $27.05 billion and contributes to a total value of debt listed on the exchange totalling $128.66 billion.

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