emirates7 - The Securities and Commodities Authority (SCA) has announced its approval for the listing of 16 bond and Islamic sukuk tranches, totaling US$19.55 billion (AED72 billion), on the Abu Dhabi Securities Exchange's Secondary Listing Market in 2023.

According to the latest statistics released by the Authority, the listings consist of 10 conventional tranches and 6 classified as green bonds and sukuk related to sustainability.

The conventional tranches include three issues from the Abu Dhabi government, with values of US$2.5 billion, US$4 billion, and US$3 billion, respectively. Additionally, Abu Dhabi National Energy Company (TAQA) issued a US$500 million tranche, while Mamoura Diversified Global Holding issued six tranches valued at US$500 million, US$1 billion, US$1 billion, US$1 billion, US$500 million, and US$750 million.

The six sustainability-linked green bonds and sukuk, valued at US$4.8 billion (AED17.6 billion), include a US$1 billion issuance from TAQA and a US$1.3 billion issuance from First Abu Dhabi Bank (FAB).

Other sustainability-linked issuances include US$750 million from Abu Dhabi Future Energy Company (Masdar), US$500 million from Aldar Properties PJSC, US$750 million from Al Mamoura Diversified Global Holding, and US$500 million from Abu Dhabi Islamic Bank.