Proposed Additional Capital Contribution Credit Guarantee and Investment Facility: Report and Recommendation of the President

Reports and Recommendations of the President | May 2019

The proposed additional capital contribution of up to $50,000,000 to the Credit Guarantee and Investment Facility (CGIF) will provide growth capital to support the CGIF’s guarantee operations. The CGIF was formed as an integral part of the policy actions agreed to promote the development of bond markets supported under the Asian Bond Market Initiative (ABMI), mainly by providing credit guarantees to ASEAN+3 bond issuers.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated May 2019 is provided for the ADB regional project 44908-015.

Linked Documents
  1. Sector Overview [Withheld from Public Disclosure in accordance with the Access to Information Policy (para. 17, 2)]
  2. Ownership, Management, and Governance [Withheld from Public Disclosure in accordance with the Access to Information Policy (para. 17, 2 and 3)]
  3. Financial Analysis [Withheld from Public Disclosure in accordance with the Access to Information Policy (para. 17, 4)]
  4. Summary Poverty Reduction and Social Strategy [Withheld from Public Disclosure in accordance with the Access to Information Policy (para. 17, 2)]
  5. Environment and Social Management System: Audit Findings and Details of Arrangement [Withheld from Public Disclosure in accordance with the Access to Information Policy (para. 17, 2)]
  6. Review of CGIF Program and Program Results (2010 to December 2017) [Withheld from Public Disclosure in accordance with the Access to Information Policy (para. 17, 2)]
  7. Program Risks [Withheld from Public Disclosure in accordance with the Access to Information Policy (para. 17, 2)]