Nasdaq Dubai welcomes $400 million Green Bond from Bank of China

DUBAI, 9th September, 2024 (WAM) -- Nasdaq Dubai on Monday welcomed US$400 million Green Bonds by the Bank of China (Dubai Branch), one of China's four biggest state-owned commercial banks.

This significant issuance, due 2027, is rated "A" by S&P Global Ratings and is part of the Bank of China's $40 billion Medium Term Note Programme. Notably, the Floating Rate Notes have been issued as Green Bonds, wherein t