Nasdaq Dubai welcomed a successful listing of $500 million in floating-rate bonds issued by Bank of China's Dubai branch, part of the bank's $40 billion medium-term note program. This issuance reflects the strong and growing position of Chinese financial institutions on 'Nasdaq Dubai', and confirms the confidence of international markets in the creditworthiness of Bank of China and its financing capabilities. The traditional bonds, with a 3-year term, mature on November 24, 2028. The issue set a record as the lowest margin for 3-year dollar-denominated bonds by Chinese banks.
