African Development Bank launches record breaking $3 billion “Fight COVID-19” Social Bond
Mar30

African Development Bank launches record breaking $3 billion “Fight COVID-19” Social Bond

The African Development Bank has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies. The Fight Covid-19 Social bond, with a three-year maturity, garnered interest from central banks and official institutions, bank treasuries, and asset managers including Socially Responsible Investors, with bids exceeding $4.6...

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