African Development Bank AfDB
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This week's funding scorecard looks at the progress supranationals have made in their funding programmes. -
Public sector borrowers found the perfect window to issue dollar deals this week, following a sell-off across the US Treasury curve after the release of US non-farm payroll data that exceeded expectations last Friday.
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The African Development Bank and Bank Nederlandse Gemeenten kept the positive momentum going in the dollar SSA market this week with blowout five year benchmark trades on Thursday.
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The African Development Bank is taking indications of interest for its second benchmark of the year, which could complete its syndicated funding programme for 2018.
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This week's funding scorecard looks at the progress various supranationals have made in their funding programmes.
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Nigeria’s Indorama Eleme Fertilizer & Chemicals has taken $1bn in debt financing, in the second use of the International Finance Corporation’s Managed Co-Lending Portfolio Programme in a week.
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This week's funding scorecard looks at the progress various supranationals have made in their funding programmes.
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The African Development Bank sold its second ever social bond on Wednesday, more than doubling the size of its debut effort and extending its maturity curve. The Basque Government will follow the supranational with its inaugural sustainable bond.
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Morocco has landed a €200m loan from the African Development Bank that will go towards the country’s agriculture industry, a sector that Standard & Poor’s recently said was part of the reason the sovereign’s credit rating remains “constrained”.
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The African Development Bank sold its second social bond on Wednesday, more than doubling the size of its debut effort and pushing out its maturity curve. The Basque Government will follow the supranational with an inaugural sustainable bond.
