ADB Issues Inaugural Digital Solutions Bond to Open New Growth Pathways
Philippines, June 24 -- The Asian Development Bank (ADB) has issued its first digital solutions theme bond to finance a pool of eligible projects supporting digital connectivity across Asia and the Pacific. The $100 million 3-year issue was arranged by Credit Agricole CIB and will be listed on the Luxembourg Stock Exchange.The notes were issued under the ADB Theme Bonds for Sustainable Development program, and will promote digital investments in connectivity, public infrastructure, cybersecurity, government systems, public service delivery, and other digital solutions to advance inclusive and sustainable development. Digital transformation opens new growth pathways by enabling economies to modernize critical digital systems and infrastructu...
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