Tuesday 11 December 2018

Nasdaq Dubai welcomes listing of $200m ICD bond

DUBAI, October 18, 2017

Nasdaq Dubai has welcomed the listing of a $200 million bond by Investment Corporation of Dubai (ICD) on the region’s international stock exchange.

The issuance was made under ICD’s Euro Medium Note Programme of $2.5 billion. It is the second conventional bond listing by ICD on Nasdaq Dubai, following a $300 million bond listing in May 2014.

ICD also has two Sukuks listed on Nasdaq Dubai. These are a $1 billion Sukuk that listed in February 2017 and a $700 million Sukuk that listed in May 2014.

Nasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, Sukuk (Islamic bonds) and conventional bonds. – TradeArabia News Service

Tags: sukuk | Nasdaq Dubai |

More Finance & Capital Market Stories

calendarCalendar of Events