AIIB rolls out second currency for benchmark issuance with sterling debut

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By Burhan Khadbai
14 Oct 2020

The Asian Infrastructure Investment Bank achieved a strong result as it made its debut in the sterling bond market on Wednesday, making it the second currency in which the Beijing-based supranational has issued a benchmark transaction.

AIIB raised £800m with a December 2025 sterling sustainable development bond benchmark at 33bp over the September 2025 Gilt, 2bp inside of initial price thoughts. It achieved a final order book of over £2bn.

Bank of America, Barclays, NatWest Markets and TD Securities were ...

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