💨 Abstract

The Asian Development Bank (ADB) successfully conducted its first US dollar global offering of the year, with an order book exceeding $16 billion. The bond was priced at a yield of 10.27 basis points above 4.25% US Treasury notes and was led by Barclays, BofA Securities, Morgan Stanley, and TD Securities.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖