ADB goes for double with dollars and green sterling

Green Hills fotolia 230x150
By Lewis McLellan
10 Oct 2019

Asian Development Bank hit the market twice on Thursday, grabbing $3bn of five year paper and selling its debut green bond — a £250m seven year trade.

Bank of America, Citi, Daiwaand HSBCled the dollar global benchmark and offered guidance of mid-swaps plus 14bp area, in line with Wednesday’s initial price thoughts.

Indications of interest were over $1.9bn when books opened, but swiftly swelled to over $3bn. At $3.4bn, the spread was ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.