ADB launches first gender equality bond

By William Chambers
27 Nov 2017

The Asian Development bank has issued its first bond to finance projects promoting women’s empowerment in Asia and the Pacific.

Asian Development Bank sold a NZ$130m ($90.0m) November 2027 clip via Crédit Agricole on November 13. The trade carried a coupon of 3.45% and was priced at par.

The proceeds of the bond, purchased by Dai-ichi Life Insurance of Japan, will go towards financing projects promoting ...

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