ADB raises $10mln in 2nd issue of rupee bonds Business January 30, 2021 ISLAMABAD: Asian Development Bank has raised Rs1.6 billion ($10 million) in the second issue of local currency Karakoram bonds of Pakistan from foreign investors, the bank said on Friday. “ADB sells the second Pak rupee-linked Karakoram bond on 28 Jan priced at Rs1.6 billion 5-year,” ADB said in a tweet. “Building on the strong first outing, SCB [Standard Chartered Bank) placed it with two European investors with proceeds invested into Pakistan government securities.” The second issue came over two months after ...