Photo Credit: WAM
Dubai, UAE — December 2025 — Nasdaq Dubai has announced the listing of a $500 million conventional bond issued by Bank of China Dubai Branch.
According to the Emirates News Agency, the three-year floating-rate note, which matures in November 2028, was issued under the bank’s $40 billion Medium Term Note Programme.
This transaction set a new record for the tightest issuance spread on a three-year US dollar bond from a Chinese bank, a clear marker of the international market’s high confidence in Bank of China’s creditworthiness and financing expertise.
The listing further solidifies the expanding footprint of Chinese financial institutions on Nasdaq Dubai and signals sustained investor trust in the bank’s financial strength and worldwide funding approach.
With this latest issuance, the total value of Bank of China’s listed debt instruments on the exchange now stands at approximately $1.9 billion, spanning multiple tranches and maturities.
To commemorate the occasion, Consul General of China in Dubai, Ou Boqian, joined Hamed Ali, CEO of Nasdaq Dubai and the Dubai Financial Market, to ring the market-opening bell. Senior executives from both organizations were also present.
Consul General Ou Boqian highlighted the broader significance of the event, stating: “The bond issuance by Bank of China not only reflects the influence of Chinese institutions in the international capital markets but also further underscores Dubai’s status as an international financial centre in the Middle East.”
He added: “In recent years, China-UAE financial cooperation has yielded fruitful results. The successful listing of these bonds serves as a powerful testament to the deepening and broadening of financial collaboration between the two countries.”
Hamed Ali, CEO of Nasdaq Dubai and DFM, remarked: “Bank of China has built a longstanding and trusted relationship with Nasdaq Dubai, and we are delighted to welcome the Bank’s latest bond listing.”
Ali added: “Dubai continues to serve as a strategic bridge between China and global capital markets, offering issuers a transparent, internationally aligned platform and access to a deep and geographically diverse investor base. Listings of this calibre highlight the strength and resilience of our marketplace.”
Chinese issuers have now raised over $27 billion through listings on Nasdaq Dubai. This group includes the Bank of China, China Development Bank, the Ministry of Finance of the People’s Republic of China, ICBC, Agricultural Bank of China, and China Construction Bank.
The exchange has been the venue for landmark transactions, such as the first-ever bond issuances in the Middle East by China’s Ministry of Finance and China Development Bank, underscoring Dubai’s pivotal role as a conduit for capital flows between Asia and global markets.
Overall, the total outstanding value of debt securities listed on Nasdaq Dubai has surpassed $145 billion, affirming the exchange’s status as the region’s premier international fixed-income platform and a global nexus for cross-border capital.
