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Asian bank is pricing bonds to finance infrastructure
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Asian bank is pricing bonds to finance infrastructure
[size=36][rtl]Asian bank is pricing bonds to finance infrastructure[/rtl][/size]
Saturday 11 May 2019
Saturday 11 May 2019
Beijing / follow-up
Asian Infrastructure Investment Bank (AIIB) has priced its first global bond.
The five-year bond raised $ 2.5 billion to advance the Bank's priorities in investing in sustainable infrastructure, developing cross-border communication, promoting environmental and social investment, and investing in governance in Asia.
Emerging.
The bank said the pricing of this bond was the Bank's most recent achievement, which was not completed until its fourth year of operation.
At the same time, S & P, Moody's and Fitch all issued triple A ratings for the opening bonds.
Investor request
Terry De Longemar, chief financial officer of the Asian Infrastructure Investment Bank, praised Sindh's pricing as a "milestone" for the market. "Sindh reflects global investor demand for sustainable investments
the quality".
"We are pleased to see demand from a variety of investors to buy the bond and look forward to demonstrating the positive contribution that this capital will make in Asia and beyond to our investor base," said De Longimar.
Global ".
Operating model
"The growing institutional demand for sustainable projects is reflected financially and positively in revenue and support for the Asian Bank's unique infrastructure investment model for nearly $ 8 billion in funds already approved by the bank," said Jin Liqun, president of Asian Infrastructure Investment Bank. .
Stimulate investment
"By participating in capital markets, we can leverage more financial support from a global investor base, which will enable us to stimulate investment in infrastructure and accelerate the adoption of the principles of encouraging environmental and social investment and investment in governance in emerging Asia," he added.
The Beijing-based Asian Infrastructure Investment Bank was formally launched in January 2016, a multilateral development bank set up by China with the support of a wide range of countries and regions,
Asia.
As of the end of 2018, the Bank's membership has grown from 57 founding members to 93 members across five continents.
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claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Iraq looks to join Asian Investment Bank for infrastructure
Iraq looks to join Asian Investment Bank for infrastructure
Updated on 04-03-2019
The Iraqi Ministry of Transport discussed Sunday the possibility of joining the Asian Infrastructure Investment Bank (IBIT).
According to a press release from the ministry's press service, Minister of Transport Abdullah Luaibi organized a big meeting to discuss "the development of a road map in cooperation with the Chinese side, in order to make Iraq play a role in the initiative 'Belt and Road' ".
During the meeting, Mr. Luaibi discussed the possibility of accelerating the procedures for Iraq's accession to the BAII, the statement said.
EBIT is a China-led multilateral financial institution set up to promote the financing of roads, bridges, ports, airports and railways along the New Silk Road in Asia and beyond.
"We want to cooperate with China through its companies and embassy, as well as by integrating the announced investment opportunities with Iraq's infrastructure," Luaibi said. F
Follow China.org.cn on Twitter and Facebook to join the conversation.
Source: Xinhua News Agency
http://french.china.org.cn/foreign/txt/2019-03/04/content_74527269.htm
Updated on 04-03-2019
The Iraqi Ministry of Transport discussed Sunday the possibility of joining the Asian Infrastructure Investment Bank (IBIT).
According to a press release from the ministry's press service, Minister of Transport Abdullah Luaibi organized a big meeting to discuss "the development of a road map in cooperation with the Chinese side, in order to make Iraq play a role in the initiative 'Belt and Road' ".
During the meeting, Mr. Luaibi discussed the possibility of accelerating the procedures for Iraq's accession to the BAII, the statement said.
EBIT is a China-led multilateral financial institution set up to promote the financing of roads, bridges, ports, airports and railways along the New Silk Road in Asia and beyond.
"We want to cooperate with China through its companies and embassy, as well as by integrating the announced investment opportunities with Iraq's infrastructure," Luaibi said. F
Follow China.org.cn on Twitter and Facebook to join the conversation.
Source: Xinhua News Agency
http://french.china.org.cn/foreign/txt/2019-03/04/content_74527269.htm
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
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