The $100 million, 5-year Blue Bond priced at 5.25% coupon rate; Will fund significantly under-funded SDG 14 and SDG 6 of the United Nations
Bonds
Nasdaq Dubai sees listing of $2bn of bonds from China
China’s Ministry of Finance lists two bonds worth combined $2bn on Nasdaq Dubai
China mandates investment banks for $2bn USD bond issuance in Saudi Arabia: Report
China plans to issue up to $2 billion in senior, unsecured fixed-rate bonds in Saudi Arabia
Sustainable bond issuance slows down in the region despite bond market uptick
S&P Global Ratings report says bond issuance down 18%; COP28’s halo effect and rising interest rates cited as reasons
Qatar’s Ooredoo’s $500mn bond oversubscribed 3.6 times
Annual coupon rate of 4.625%; Priced with a spread of 88 basis points over 10-year US Treasuries, the tightest in Ooredoo history
TAQA successfully prices $1.75bn dual-tranche bond offering
Prices a $850 million 12-year green bond at a coupon rate of 4.75%; $900 million 7-year conventional bonds bear a rate of 4.375%
UAE treasury bonds and sukuk hit $6.8bn milestone
Both programmes have seen strong demand, with auctions consistently oversubscribed
CBUAE announces September M-Bills auction with four treasury bond issues
According to the CBUAE, the first issue, with a 28-day term, will have a maximum value of AED2,000 million
India inclusion in JPMorgan Bond Index starts today, $25-30bn inflows expected
The South Asian country becomes the 25th market to be included in the index since its launch in June 2005