Ivory Coast based Supranational African Development Bank has finalised a private placement in the USD Fixed Rate Yankee Bond market. The financing matures in 2028 and was executed by a single dealer.
A Yankee bond is an USD-denominated bond issued by a non-USA entity in the USA Foreign Bond market.
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| Issuer Details | |
| Issuer | African Development Bank |
| LEI | 549300LNCLMO3ITVCU07 |
| Industry | Government - Supranational Institutions |
| Country | Ivory Coast |
| Issuer Description | The African Development Bank Group (AfDB) or Banque Africaine de Developpement (BAD) is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB's mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).. TheAfrican Development BankGroup (AfDB) or Banque Africaine de D?veloppement (BAD) is amultilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB's mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC). |
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| Trade Details | |
| Security Type | Bond |
| Amount | USD [Login to see full details] |
| Total Amount including taps | USD [Login to see full details] |
| Total Amount Outstanding | USD [Login to see full details] |
| Total Order Book | USD [Login to see full details] |
| Structure | Fixed Rate |
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A Yankee bond is an USD-denominated bond issued by a non-USA entity in the USA Foreign Bond market.
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