The African Development Bank launches a new EUR 1 billion 3.500% 5-year Social Benchmark due October 2031
Cote Dlvoire, Oct. 15 -- On Wednesday 14th October 2026, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA (Moody's/S&P/Fitch) successfully priced a new EUR 1 billion 5-year Social Benchmark due October 2031. This issuance marks the Bank's second EUR Global Benchmark of the year, following the EUR 1.25 billion 7-year Social Benchmark issued in June 2026.The deal brings the AfDB's year-to-date funding to USD 11.5 billion, representing a 96% rate of execution of its 2026 borrowing programme. The transaction attracted strong demand from a high-quality investor base, with final orderbooks in excess of EUR 1.75 billion (including EUR 200 million Joint Lead Managers (JLM) interest).Investor distribution was well diversified geographically,...
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