AIIB goes ‘from 0 to 100’ with sterling debut

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By Burhan Khadbai
15 Oct 2020

The Asian Infrastructure Investment Bank made a huge statement with its first sterling bond this week, achieving an impressive size at a tight price with participation from a wide pool of accounts, in what is another significant step for the borrower as it continues its road towards a frequent and diversified presence in the capital markets.

On Wednesday, AIIB raised £800m with a 0.2% December 2025 sterling sustainable development bond at 33bp over the September 2025 Gilt, 2bp inside of initial price thoughts.

It achieved a final order book of over £2bn, with the deal led by Bank of AmericaBarclaysNatWest Markets and 

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