aiib /ndb ...aiib energy paper ..welcome from &-which collaboration summits do sustainable youth need to be connect?

Friday, June 12, 2020


AIIB debuts $425 million of panda bonds to support virus fight

China-backed Asian Infrastructure Investment Bank (AIIB) debuted its first panda bonds of 3 billion yuan ($425 million) on China’s interbank market Thursday to support member countries’ fight against the Covid-19 pandemic.
“Funds raised by the issuance will be used to support member countries to deal with the outbreak,” said Jin Liqun, president and chairman of the bank. “In the longer term, it will support AIIB’s investment in sustainable infrastructure projects.”

The three-year bonds have a coupon rate of 2.4% and were 2.78 times oversubscribed. China’s domestic investors subscribed for 35% of the issuance while overseas investors took the remaining 65%. The AIIB has 102 members worldwide and has approved investments in 71 projects totaling nearly $14.3 billion, according to its website.

No comments:

Post a Comment