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Nasdaq Dubai welcomes ICD’s $200m bond listing

Nasdaq Dubai welcomes ICD’s $200m bond listing
The ICD issued the newly-listed bond under its $2.5 billion Euro Medium Note Programme

Dubai – Mubasher: Nasdaq Dubai on Wednesday welcomed the listing of a $200 million bond by the Investment Corporation of Dubai (ICD) on the Dubai-based exchange.

The ICD issued the newly-listed bond under its $2.5 billion Euro Medium Note Programme, according to an official statement.

This is ICD’s second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in May 2014, Nasdaq Dubai revealed. 

ICD last listed two sukuk on Nasdaq Dubai, one worth $1 billion in February 2017 and another worth $700 million in May 2014.