ADB visits Canada for Covid-19 response

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ADB visits Canada for Covid-19 response

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Canadian 20 dollars on gray background | yurchello108 - stock.adobe.com

The Asian Development Bank has become the first public sector issuer to tap the Canadian dollar market to fund its coronavirus response. In the days since the deal was placed, the value of the Canadian dollar has mirrored the rapid decline in the price of oil, which some bankers fear could put off future non-domestic issuers visiting the market.

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