ADB launches first gender equality bond

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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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