ADB raises USD 5 B in dual-tranche global benchmark bonds to propel development initiatives across Asia and the Pacific

New Delhi [India], January 5 (ANI): The Asian Development Bank (ADB) has successfully priced a dual-tranche global benchmark bond, securing USD 3 billion for a 3-year issuance and USD 2 billion for a 10-year issuance.

According to ADB, the funds raised will contribute to ADB's ordinary capital resources, dedicated to fostering social and economic development across the expansive region of Asia and the Pacific.

ADB Treasur