Asian Development Bank [to 12 March 2016]

Asian Development Bank [to 12 March 2016]
http://www.adb.org/news

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News Release | 11 March 2016
ADB President Says India to Remain Fastest-Growing Large Economy in 2016
ADB President Takehiko Nakao today met India’s Finance Minister, Arun Jaitley, and praised India’s strong economic performance in the face of weak global growth and turmoil in commodity and financial markets.

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News Release | 9 March 2016
ADB Sells $3 Billion 5-Year Global Benchmark Bond
MANILA, PHILIPPINES — The Asian Development Bank (ADB) has returned to the US dollar bond market with the pricing of a $3 billion 5-year global benchmark bond, proceeds of which will be part of ADB’s ordinary capital resources and used in its non-concessional operations.

“This is another stellar outcome for ADB against a challenging market backdrop that has prevailed since the beginning of 2016. Strong demand for the transaction allowed us to size a $3 billion new issue in line with our strategy of providing the market with liquid benchmark bonds across the curve,” said ADB Treasurer Pierre Van Peteghem. “We were pleased by the broad participation across geographical regions from the investor community, which is itself a testament to the institution’s robust credit fundamentals and loyal global following in the capital markets.”…