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ADB raises $4 billion via bonds to help nations fight coronavirus

Manila-based lender plans to raise around $30 billion to $35 billion from the capital markets in 2020

Topics
Coronavirus | ADB | Lockdown

Reuters  |  Manila 



coronavirus
Global economic losses caused by the coronavirus pandemic could be between $5.8 trillion and $8.8 trillion this year

The (ADB) said on Wednesday it had raised $4 billion through the sale of US dollar bonds to beef up its capital and provide more assistance to countries impacted by the pandemic.

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First Published: Wed, July 08 2020. 14:22 IST

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