ABU DHABI: The Securities and Commodities Authority (SCA) announced its approval for the listing of 16 tranches linked to bonds and Islamic sukuk, with a total value of US$19.55 billion (AED72 billion), on the Abu Dhabi Securities Exchange's "Secondary Listing Market" during 2023.The Authority clarified, according to the latest released statistics, that the listings included 10 regular tranches and 6 other issues classified as green bonds and sukuk linked to sustainability.The regular tranches included 3 issues from the Abu Dhabi government, distributed as follows: US$2.5 billion for the first issue, US$4 billion for the second, and US$3 billion for the third.The regular issues included a US$500 million tranche for Abu Dhabi National Energy Company - TAQA, and six tranches for Mamoura Diversified Global Holding, totalling US$500 million, US$1 billion, US$1 billion, US$1 billion, US$500 million and US$750 million respectively.The Authority noted that the six tranches categorised as sustainability-relat ed green bonds and sukuk amounted to US$4.8 billion (AED17.6 billion), including a US$1 billion issuance by Abu Dhabi National Energy Company - TAQA and a US$1.3 billion issuance by First Abu Dhabi Bank (FAB).Sustainability-related green bonds and sukuk were issued by Abu Dhabi Future Energy Company (Masdar) US$750 million, Aldar Properties PJSC US$500 million, Al Mamoura Diversified Global Holding US$750 million and Abu Dhabi Islamic Bank US$500 million.Source: Emirates News Agency
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