Nasdaq Dubai Welcomes $400 Million Green Bonds from Bank of China
By Staff Writer 12 September 2024
Nasdaq Dubai has announced the listing of $400 million in green bonds issued by the Bank of China, a major state-owned commercial bank in China.
Set to mature in 2027, these bonds are rated “A” by S&P Global Ratings and form part of the Bank of China’s $40 billion medium-term note program.
The green bonds will finance or refinance eligible green projects, aligning with the bank’s sustainability goals.
Nasdaq Dubai’s green finance initiatives are aimed at advancing global sustainability efforts and fostering a market for responsible investments.
Source: Mubasher