Philippines, Jan. 8 -- The Asian Development Bank (ADB) has priced a $3.5 billion 10-year global benchmark bond, proceeds of which will be part of ADB's ordinary capital resources. The 10-year bond, with a coupon rate of 4.250% per annum payable semi-annually and a maturity date of 14 January 2036, was priced at 99.831% to yield 9.2 basis points over the 4.00% US Treasury notes due November 2035. The transaction was lead-managed by Credit Agricole CIB, J.P. Morgan, Morgan Stanley, and Wells Fargo Securities. The issue achieved wide primary market distribution with 16% placed in Asia; 58% in Europe, Middle East, and Africa; and 26% in the Americas. By investor type, 41% went to central banks and official institutions, 23% to banks, and 36% t...