ADB forges ahead with new local currency bond plans

Juan Limandibrata, ADB assistant treasurer and funding division head, discusses plans to tap new markets.

Having opened up three new local currency bond markets in just over a year, the Asian Development Bank ADB has its sights set on a benchmark deal from China, as well as looking at possible transactions in the Philippines, Indonesia and Pakistan. Here, funding head, Juan Limandibrata, shares his thoughts.

Over the past 15 months, the ADB has opened three local bond markets, in Malaysia, India and Thailand, why these markets in particular, and what were you trying to achieve

Limandibrata In each of these countries the bond markets have developed quite significantly over the past few years, which gave us confidence a successful bond deal could...

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