AIIB planning Kangaroo and dollar bonds for latter half of 2020

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By Frank Jackman
15 Jul 2020

The Asian Infrastructure Investment Bank is considering increasing its 2020 funding programme to meet the high demand for its coronavirus response package. That could lead to the Beijing-based supranational launching a Kangaroo bond programme in the coming weeks and to it making a return to the dollar market later this year.

“With the high demand for disbursements [because of Covid-19], it is likely that our final borrowing programme for 2020 will be significantly higher than that of 2019,” said Martine Mills Hagen, head of funding at the AIIB. “We put a Covid-19 crisis recovery facility of up to $10bn ...

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