$200 million ICD bond listed on Nasdaq Dubai

By Rajive Singh

DUBAI 19 October 2017: Nasdaq Dubai yesterday welcomed the listing of a US$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 bond 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.