BH&M Capital, a leading financial institution in the UAE’s capital markets, has been appointed as the lead manager for the upcoming issuance of AED-denominated bonds to be listed on the Abu Dhabi Securities Exchange. The issuance is on behalf of the Eurasian Development Bank (EDB), a multilateral development financial institution supporting economic growth across the Eurasian region.
Strategic Importance of the Issuance
The AED-denominated bond represents a significant step in expanding local currency financing options for regional and international issuers. It reinforces Abu Dhabi’s status as a global hub for debt markets, offering investors high-quality exposure to a multilateral development institution. The proceeds will fund high-impact investment projects in EDB member countries in Central Asia.
Expert Commentary from BH&M Capital
Hatim Al-Atbani, CEO of BH&M Capital, stated:
“We are honored to be appointed lead manager for this pivotal AED-denominated bond issuance. This mandate reflects BH&M Capital’s proven capabilities in structuring, managing, and distributing fixed-income instruments, and underscores our commitment to supporting and developing the UAE’s capital markets.”
Eurasian Development Bank Highlights Collaboration
Daniyar Emangaliev, Vice Chairman of the Eurasian Development Bank, added:
“We value BH&M Capital’s deep experience in the UAE capital markets and its comprehensive understanding of the regulatory framework and investment environment. This collaboration provides a solid foundation for the successful execution of the upcoming transaction, with proceeds supporting investment projects across our member countries in Central Asia.”
He also emphasized EDB’s proven track record in raising AED-denominated financing totaling AED 385 million and highlighted the listing on the Abu Dhabi Securities Exchange as pivotal for expanding the investor base and enhancing transparency and accessibility.
Strengthening Regional Financial Integration
The issuance aligns with EDB’s strategy to integrate member countries’ financial markets with global capital markets. Investor interest is growing in countries like Kazakhstan and Armenia, and this bond provides a platform for regional participation, leveraging Abu Dhabi’s diverse and deep investor base.
Abu Dhabi Securities Exchange as a Regional Hub
The listing reinforces Abu Dhabi’s position as a leading marketplace for international issuers seeking access to regional liquidity and a broad, diverse investor base, further strengthening the UAE’s role in global and regional capital markets.
