News
14 March 2018

ADB sells $3.25bn global benchmark bonds

Region:
Asia-Pacific

The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $3.25 billion five-year global benchmark bond issue. The bond, with a coupon rate of 2.75% per annum payable semi-annually and a maturity date of 17 March 2023, was priced at 2.871% to yield 25 basis points...

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