AIIB goes big with SDB

Dollar_bird_fotolia_230x150
By Lewis McLellan
20 May 2020

The Asian Infrastructure Investment Bank grabbed $3bn of five year paper on Wednesday, selling its first sustainable development bond. It was joined in the market by a 10 year dollar trade from Nederlandse Waterschapsbank.

AIIB hit screens on Tuesday with initial price thoughts of mid-swaps plus 24bp area. BMO Capital Markets, Citi, Crédit Agricole, HSBC and ICBC ran the books. Books opened on Wednesday morning with guidance unchanged and $2.3bn of indications of interest.

The book grew ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

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: subs@globalcapital.com or find out more online here.