Bank of China Dubai Branch marked the listing of a CNH 2 billion Yulan Bond on Nasdaq Dubai on November 2, 2026, according to the Government of Dubai Media Office. The transaction represents the first Yulan Bond listed on the Dubai exchange and is dual-listed on the Hong Kong Stock Exchange.
The two-year fixed-rate bond matures in October 2028 and holds an 'A' credit rating from Fitch Ratings. Strong investor demand tightened the final yield by 50 basis points from initial price guidance of 2.10% to 1.60%. The bond is registered through the Shanghai Clearing House and cleared internationally via Euroclear, with net proceeds allocated for general corporate purposes.
Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market, stated that the listing builds on over USD 31.9 billion in cumulative Chinese debt issuances on Nasdaq Dubai. He added that the exchange's total outstanding debt currently exceeds USD 145 billion.
Separately, Arab News reported that Omani and Chinese institutions finalized 23 strategic agreements and partnership accords at the Oman-China Investment Partnership Horizons Forum in Beijing on November 2, 2026. Oman Investment Authority entered into a term sheet with the Silk Road Fund to launch an $800 million joint investment fund.
Oman Investment Authority established an additional $300 million fund in equal co-financing with China Merchants Bank to target technology investments. Further agreements included a $100 million solar energy partnership with BCG and Hoi Mills, alongside logistics agreements between Asyad Group and JD.com to build three distribution warehouses.
Sources
- Arab News · 2026-11-02
