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News Release | 9 February 2021 MANILA, PHILIPPINES (9 February 2021) — The Asian Development Bank (ADB) on 2 February priced its first education bond to finance a pool of projects related to the sector, including technical and vocational training, in Asia and the Pacific. The A$75 million (about $57 million) 10-year bond was purchased entirely by Dai-ichi Life Insurance Company, Limited of Japan and arranged by Credit Agricole CIB. “We are pleased to announce the issuance of ADB’s first education bond which will help support, among others, our assistance to those among our developing me...

The Asian Development Bank (ADB) priced a $4.5 billion 5-year global bond, proceeds of which will be part of ADB’s ordinary capital resources.