Asian Development Bank FRN 06-APR-2027Asian Development Bank FRN 06-APR-2027Asian Development Bank FRN 06-APR-2027

Asian Development Bank FRN 06-APR-2027

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US04517PBK75 analysis



Key facts


Issuer
Asian Development Bank
Issue date
Apr 6, 2022
Maturity date
Apr 6, 2027
Outstanding amount
‪1.50 B‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.36% (Variable)
Asian Development Bank is an international development finance institution that provides loans, technical assistance, and grants for economic development in Asia and the Pacific. The organization focuses on poverty reduction and sustainable growth, prioritizing the needs of its poorest member countries. ADB collaborates with governments and organizations to implement development projects. The bank operates in infrastructure, education, health, and environmental sustainability sectors.
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