The FINANCIAL - ADB Issues Gender Bonds in Canadian Dollars and Australian Dollars
Share This The FINANCIAL -- The Asian Development Bank (ADB) launched back-to-back gender bonds this week with a CAD750 million (around $596 million) 7-year bond in the Canadian dollar maple market and a AUD700 million (around $542 million) 4.5-year bond in the Australian dollar kangaroo market, ADB notes. The 7-year bond has a coupon of 1.5% payable semi-annually and a maturity date of 4 May 2028. It was priced at 99.393% to yield 39.3 basis points above the Canadian government bond due 1 June 2028. Joint lead managers are CIBC Capital Markets, RBC Capital Markets, Scotiabank, and TD Secur...
Source: finchannel.com