AfDB launches record breaking $3 billion “Fight COVID-19” Social Bond

Landmark transaction, largest Social bond transaction to date in capital markets The African Development Bank (AfDB) (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies. The Fight Covid-19 Social bond, with a three-year maturity, garnered…

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