In Short : The Asian Development Bank (ADB) has successfully sold a $3.5 billion 5-year global benchmark bond. This bond issuance likely aims to raise funds for the bank’s development projects and initiatives in the Asia-Pacific region. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) yesterday priced a $3.5 billion 5-year global […]
MANILA, PHILIPPINES : The Asian Development Bank (ADB) on 18 April priced a $3.5 billion 5-year global bond, proceeds of which will be part of ADB’s ordinary capital resources. “We appreciate the consistent support from investors across regions, providing ADB with additional resources as we support our developing member countries in managing climate change risks […]