AIIB to tap local currency markets, but no plans for green bonds
The Asian Infrastructure Investment Bank will look to issue local currency bonds but does not intend to use green or thematic bonds as part of its funding strategy, the multilateral development bank’s vice-president for policy and strategy has told GlobalCapital.
“We are beginning to see quite a bit of demand for local currency financing in places like India and Turkey,” said Joachim von Amsberg on Tuesday, ahead of the bank’s first annual meeting in Europe this week.“Our early local currency financing will based on dollar swaps,” ...
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