Nasdaq Dubai today welcomed the listing of a US$200 million bond by Investment Corporation of Dubai, ICD, on the stock exchange.
The issuance was made under ICD’s Euro Medium Note Programme of US$2.5 billion. It is the second conventional bond listing by ICD on Nasdaq Dubai, following a US$300 million bond listing in May, 2014.
ICD also has two Sukuk, or Islamic bonds, listed on Nasdaq Dubai. These are US$1billion Sukuk that listed in February, 2017 and a US$700 million Sukuk that listed in May, 2014.
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