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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
AFDB
African Development Bank (AfDB)€1,250
1EMEA
Jun 3, 2026
currency
EUR
size (m)
1,250.000
maturity
Jun 10, 2033
type
Fixed
tenor
7.000
call
-
registration
Exempt
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Aaa
s&p
AAA
fitch
AAA
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-2
guidance
MS+16 area
spread
14
coupon
3.00%
spread set
-
price
99.55900
yield
3.071%
book size (m)
2,100
peak book (m)
2,200
x-covered
1.68
book attrition
-4.55%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,100
peak book (m)
2,200
x-covered
1.68
book attrition
-4.55%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2100; Registration: Exempt; Comments: +23.6bps vs DBR 2.3% 02/2033 TWIN (bid @ 96.770 / 2.835%; HR 105%). Deal Stats: By Geography: Europe 81%, Asia 8%, Middle East & Africa 8%, Americas 3%. By Type: Central Bank/Official Institutions 48%, Bank/Bank Tsy 28%, Asset Managers and Pension Funds 24%;
Deal Comments
UPDATE: Spread is set at MS+14#
Use of Proceeds
An amount equal to the net proceeds of the Notes will be used to finance and/or refinance eligible social projects as further described in the Issuer’s Sustainable Bond Framework