It said in a statement on Friday that 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 $4.6bn.
The African Development Bank Group said it was moving to provide flexible responses aimed at lessening the severe economic and social impact of the pandemic on its regional member countries and Africa’s private sector. “The African Development Bank is taking bold measures to support African countries. This $3bn COVID-19 bond issuance is the first part of our comprehensive response that will soon be announced. This is indeed the largest social bond transaction to date in capital markets. We are here for Africa, and we will provide significant rapid support for countries.”
This man is not bad for Nigeria President akin_adesina
Next Nigeria President, I tip akin_adesina
Really....will that stop me from gaining capacity... I don't think so
Idesirecrown Great man. Thanks lots.
Kudos to AfDB_Group and appreciation also to akin_adesina sir. Remain blessed....one thing is certain we shall overcome this period.
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