Your weekly summary of all major business news in Africa
The African Development Bank has issued a two billion dollar five-year Global Benchmark bond due March 14, 2028.
The continental bank revealed this in a statement on Thursday, March 9, describing the bond as its first of the year. The bond was issued on March 7, 2023.
AfDB said that the bond is part of its funding strategy of issuing large liquid benchmark transactions.
Source: Punch Business News
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