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Nasdaq Dubai welcomes listing of $200m bond by ICD

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Nasdaq Dubai welcomes listing of $200m bond by ICD

Dubai - The issuance was made under ICD's Euro Medium Note Programme of $2.5 billion.

Published: Wed 18 Oct 2017, 12:18 PM

Updated: Thu 19 Oct 2017, 2:26 PM

  • By
  • Staff Report

Nasdaq Dubai welcomed on Wednesday's 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 listing in May 2014.
ICD also has two sukuk 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.
business@khaleejtimes.com



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