Bank of China has successfully listed $500 million in variable rate bonds on NASDAQ Dubai as part of its $40 billion medium-term note program. This issuance reflects the strong and growing position of Chinese financial institutions on NASDAQ Dubai and confirms the continued investor confidence in Bank of China's credit strength. The total value of debt instruments listed by Bank of China on NASDAQ Dubai has now reached approximately $1.9 billion across several tranches and maturity dates. The Consul General of China in Dubai, Bo Qian, rang the opening bell for the NASDAQ Dubai trading session, alongside the CEO of Dubai Financial Market and NASDAQ Dubai, Hamed Ali. Ms. Bo stated: 'The issuance of bonds by Bank of China reflects the impact of Chinese institutions on global capital markets and enhances Dubai's position as a leading international financial hub in the Middle East. The financial cooperation between China and the UAE has yielded fruitful results in recent years, and the successful listing of these bonds serves as a clear indicator of the depth and expansion of the financial cooperation between the two countries.' Mr. Ali commented: 'Bank of China has successfully built a strong and reliable relationship with NASDAQ Dubai, and we are pleased to welcome its latest listing to the exchange. As Dubai continues to perform its pivotal role as a strategic bridge connecting China to global markets, it provides a transparent and standards-compliant platform for access to a broad and diverse base of investors. Listings of this caliber are a testament to the exchange's strength and resilience.'
