AfDB sells debut social kangaroo bond

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AfDB sells debut social kangaroo bond

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A close up of a wad of cash money notes in a tightly clenhed fist. 50 fifty as the main denomination. Gambling payday winning spending saving sales profit concept | cre8it - stock.adobe.com

The African Development Bank sold its first kangaroo bond in social format on Tuesday as supply of ESG-labelled bonds in niche currencies by public sector borrowers gathers pace.

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