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Local Currency IssuesADB is committed to promoting domestic capital markets development in its developing members by issuing bonds on local markets and through other initiatives.
ADB has a long history of innovation in this area. In 1970, it was the debut foreign issuer in the Japanese yen (or Samurai) market. Since then, ADB has been a regular issuer in Asian capital markets. As part of its developmental mandate, ADB contributes to the development of regional bond markets through local currency bond issuances. To promote capital market development in the Asia and Pacific Region, ADB established in April 2006 a 15-year Malaysian ringgit (MYR) 3.8 billion Medium-Term Note Programme (MYRMTN) in Malaysia. ADB simultaneously launched the inaugural offering of MYR500 million notes under the MYRMTN Program. In September 2006, ADB established its 30-year US$10 billion equivalent Asian Currency Note Programme (ACN Program), and launched the inaugural opening of notes under the ACN Program in the domestic capital markets of Singapore and Hong Kong, China. The ACN Program is Asia’s first multi-currency bond platform since the Asian financial crisis that links the domestic capital markets in the region under a single unified framework with a common set of documents governed under English law. ADB was also the first supranational issuer in the domestic capital markets of Australia, China, India, Kazakhstan, Korea, Malaysia, Philippines, Taipei,China, and Thailand.
List of Recent Local Currency Borrowings
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| Currency | Issue Date | Maturity Date | Principal Amount | Coupon % | Reference | |
| Kazakhstan Tenge | 08-Aug-07 | 08-Aug-12 | KZT | 6,000,000,000 | 6.800 | 0584-000 |
| Philippine peso | 24-May-07 | 25-May-12 | PHP | 5,000,000,000 | 5.230 | 0557-000 |
| Hong Kong dollar | 18-Jan-07 | 18-Jan-12 | HK$ | 1,500,000,000 | 4.000 | 0514-000 |
| Singapore dollar | 8-Feb-07 | 8-Feb-12 | SGD | 250,000,000 | 3.270 | 0519-000 |
| Malaysian Ringgit | 8-Feb-07 | 8-Feb-17 | MYR | 500,000,000 | 4.000 | 0517-000 |
| Hong Kong dollar | 21-Sep-06 | 21-Sep-09 | HK$ | 1,000,000,000 | 4.280 | 0495-000 |
| Singapore dollar | 18-Sep-06 | 18-Sep-11 | SGD | 300,000,000 | 3.335 | 0494-000 |
| Thai baht | 18-Sep-06 | 18-Sep-11 | THB | 5,500,000,000 | 5.340 | 0493-000 |
| Thai baht | 18-Sep-06 | 18-Sep-16 | THB | 1,000,000,000 | 5.540 | 0493-001 |
| Malaysian Ringgit | 25-Apr-06 | 24-Apr-11 | MYR | 500,000,000 | 4.265 | 0473-000 |
| Philippine Peso | 09-Nov-05 | 10-Nov-10 | PHP | 2,500,000,000 | 0.000 | 0453-000 |
| Renminbi | 14-Oct-05 | 14-Oct-15 | RMB | 1,000,000,000 | 3.340 | 0445-000 |
| Thailand baht | 24-May-05 | 24-May-10 | THB | 4,000,000,000 | 3.870 | 0414-000 |
| Malaysian Ringgit | 10-Nov-04 | 10-Nov-09 | MYR | 400,000,000 | 3.940 | 0399-000 |
| Hong Kong dollar | 23-Jun-04 | 25-Jun-07 | HKD | 1,000,000,000 | 2.850 | 0394-000 |
| Singapore dollar | 23-Jun-04 | 25-Jun-07 | SGD | 200,000,000 | 1.845 | 0393-000 |
| Indian Rupee | 27-Feb-04 | 27-Feb-14 | INR | 5,000,000,000 | 5.400 | 0385-000 |
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