13 Feb, 2026Nasdaq Dubai Welcomes Emirates NBD’s ESG and Digital Bond Issuances Across Multiple Currencies

Nasdaq Dubai has welcomed the listing of four bond issuances by Emirates NBD PJSC (ENBD) under its USD 20 billion Euro Medium Term Note (EMTN) Programme. The listings, completed within the first two months of the year, mark a significant milestone for ESG-linked and digitally enabled debt issuance in the region.

The listings include:

• USD 700 million 4.529% Green Notes due 13 January 2031

• USD 300 million 4.195% Blue Notes due 13 January 2029

• AED 1 billion 4.250% Digitally Native Notes due 15 January 2029

• EUR 500 million 3.236% Green Notes due 13 February 2031

The Green and Blue Notes together represent the largest dual-tranche Blue-Green bond ever issued by a financial institution globally, reflecting the continued growth of ESG-linked issuance across the UAE and the wider region. This listing adds to the robust value of ESG-linked instruments available on Nasdaq Dubai and reflects sustained activity in the region’s debt capital markets.

The euro-denominated green bond further extends ENBD’s access to international capital, attracting strong investor demand with an order book exceeding EUR1.25 billion. Listed on both Nasdaq Dubai and Euronext Dublin, the transaction underscores the depth of global appetite for high-quality regional issuers.

Alongside this expansion in sustainable financing, the AED-denominated digitally native bond marks the first such issuance in the Middle East and was executed via Euroclear’s Distributed Financial Market Infrastructure platform. The transaction highlights the ongoing development of the fixed income market infrastructure, alongside the growing adoption of digital processes in debt issuance.

Following these admissions, the value of ENBD’s debt instruments listed on Nasdaq Dubai stands at approximately USD 6.3 billion across 11 listings.

The total outstanding value of all debt securities listed on Nasdaq Dubai now exceeds USD 148 billion, reflecting the scale and diversity of sovereign, financial institution and corporate issuers accessing Dubai’s international debt markets.