The African Development Bank launches a new EUR 1.25 billion 3% 7-year Social Benchmark due June 2033
Cote Dlvoire, June 8 -- On Wednesday 3rd June 2026, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA (Moody's/S&P/Fitch) successfully priced a new EUR 1.25 billion 7-year Social Benchmark due June 2033. This transaction marks the Bank's first EUR benchmark of the year and first 7-year EUR benchmark since 2022, extending its EUR curve.The deal follows the Bank's USD 5-year global benchmark issued in March and brings its year-to-date funding to USD 10.1 billion, representing 83% of its 2026 borrowing programme. The transaction attracted strong demand from a high-quality investor base, with final orderbooks in excess of EUR 2.1 billion (including EUR 300 million of Joint-Lead Managers (JLM) interest).Investor distribution was skewed to...
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