Day: March 8, 2023

Seychelles calls for the adoption of the MVI

Mr Mohammed

Tuesday 07th March, Doha, Qatar: The President of the Republic of Seychelles, Mr Wavel Ramkalawan has called for the adoption of a Multidimensional Vulnerability Index (MVI) for Small Island Developing States (SIDS) and vulnerable countries to be accepted within the United Nations framework and beyond, as well as by international financial institutions. The President was speaking this afternoon at the High-level side event under the theme “Achieving a fair and complete measurement of vulnerability: perspectives from the Small Islands Developing States (SIDS) and Least Developed Countries (LDCs) on the vulnerability index”, convened…

African Development Bank issues AUD 50 million 15-year Kangaroo Green Bond due March 2038

Mr Mohammed

The transaction is the Bank’s 2nd green bond issued in 2023 across all currencies ABIDJAN, Ivory Coast, March 8, 2023/ — The African Development Bank (http://www.AfDB.org), rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched an AUD 50 million 15-year Kangaroo Green Bond due March 2038. The new issuance was arranged by RBC Capital Markets and sold to a single Japanese investor, Taiju Life Insurance Company. This is the African Development Bank’s sophomore green bond in the Australian dollar market since the inaugural 15-year Kangaroo green bond was issued…