The Asian Development Bank's Flexible Loan Product

Business Guide | July 2023

This brochure presents the Asian Development Bank's Flexible Loan Product, explains its main features, and provides an overview of the basic terms and conditions to assist the bank's sovereign and sovereign-guaranteed borrowers in making informed decisions.

The Flexible Loan Product is a market-based loan product based on specified standard 6-month floating reference rates. It includes an effective contractual spread and a maturity premium (where applicable) that are fixed over the life of the loan.

The product also provides transparent and market-based pricing and enables borrowers to tailor currencies and interest rate basis to suit project needs and external risk management strategies.


  • Introduction
  • Flexible Loan Product
  • Contact Information