In Short : With a five-year maturity, the Asian Development Bank (ADB) has successfully issued a $3 billion global benchmark bond. The money raised will be used to enhance ADB’s regular capital resources, boosting its 2025 financial momentum.
Increasing the Confidence of the Capital Market
The bond, which has a semi-annual coupon rate of 3.75%, is priced at a yield that is roughly 4.77 basis points higher than the benchmark U.S. Treasury (2030). Due to the issuance’s 2.7-fold oversubscription, investor demand was high. The deal was handled by top international institutions, including J.P. Morgan, HSBC, Nomura, and Citigroup.
Maintaining a Diverse Investor Base
Asia accounted for 41% of the bond, Europe, the Middle East, and Africa for 35%, and the Americas for 24%. 59% of investors were central banks and government agencies, 28% were commercial banks, and 13% were fund managers and other investors.
Impact of Clean Energy on Development
In 2025, ADB anticipates raising between $36 and $37 billion from the capital markets. In order to promote equitable and resilient growth, this funding supports development projects throughout Asia and the Pacific, including as infrastructure, sustainability efforts, and clean energy investments.
