With the ADB annual meeting due to begin in Shanghai next week, we spoke to ADB funding head, Juan Limandibrata about how he will refinance $15 billion of redemptions over the next three years
What were you trying to achieve with your recent $2 billion benchmark issue
The issue reflects ADB's core funding strategy of maintaining a strong presence in key currency markets by way of regular issuance of benchmark global bonds. Given ADB's large funding requirements for the next few years, it is important to position ADB strategically in the US dollar sector, which is one of the most active and visible global bond markets. Under this strategy, we have issued a...
