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ADB issues gender bonds in Canadian and Australian dollars - Vimarsana News

ADB issues gender bonds in Canadian and Australian dollars

ADB issues gender bonds in Canadian and Australian dollars ANI | Updated: Apr 23, 2021 12:56 IST Manila [The Philippines], April 23 (ANI): The Asian Development Bank (ADB) has launched back-to-back gender bonds with a CAD750 million (around USD596 million) 7-year bond in the Canadian dollar maple market and a AUD700 million (around USD542 million) 4.5-year bond in the Australian dollar kangaroo market. The 7-year bond has a coupon of 1.5 per cent payable semi-annually and a maturity date of May 4, 2028. It was priced at 99.393 per cent to yield 39.3 basis...

Source: aninews.in