Asian Development Bank ADB

ADB at 15 years and EAA in dollars fill pipeline in short week

Investors plough into short dated tranches though longer deals are still possible

Issuers both head to three years, with ADB also venturing out to long end

Markets becoming jittery over potential for sharp rate rise

Fed stays on course but spread to Treasuries makes dollars a tough place for public sector borrowers

Swap spreads move against issuer in volatile markets

Central bank meetings line up and swap spreads head towards record wide

Elevated basis swap 'oiling the cogs' for niche issuance, says bankers

Manila-based Asian Development Bank was one of the first two foreign issuers to tap China’s onshore bond market. In 2005, ADB, together with International Finance Corp, opened the Panda bond market with a Rmb1bn ($157m) 10 year deal.

Primary market swoops up debt despite uncertainty over US Federal Reserve hawkishness

Market emerges from shadow of BoE activity that hampered late 2021 issuance

Supra sets a "new standard for blue financing in the market" with debut blue bonds