In the Spotlight
New financial products are providing innovative ways to combat climate change. Green bonds give investors the opportunity to invest in activities that provide a steady return and help the planet at the same time.
Have you ever stopped to think about how a development bank works? The Asian Development Bank has been around for nearly 50 years now, but how does it go about reducing poverty and promoting prosperity in the Asia Pacific region?
ADB green bonds support mitigation of greenhouse gas emissions and adaptation to consequences of climate change, while delivering environmentally sustainable growth to help reduce poverty and improve the quality of life.
ADB returned to the US dollar bond market with the pricing of a dual-tranche $2.5 billion 2-year and $1 billion 10-year global benchmark bond issues. ADB plans to raise around $20 billion from the capital markets in 2016.
ADB as a Borrower
A leading triple-A borrower in the international markets, ADB raises funds regularly through international and domestic capital markets, reflecting strong credit fundamentals and conservative financial policies.
ADB’s overriding borrowing objective is to ensure availability of funds at the most stable and lowest possible cost for the benefit of its OCR borrowers. Subject to this objective, ADB seeks to diversify its sources of funding across markets, instruments, and maturities, and has so far issued bonds in 32 currencies.
260million people lack access to safe drinking water
451million people in developing Asia live on $1.90 a day
1 of 20 children die before reaching age 5
The ADB Investor Presentation provides an overview of the Asian Development Bank, its operations, and other information relevant to prospective investors.