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                    [Title] => ADB raises $3.4-B
                    [Summary] => The Asian Development Bank (ADB) has raised $3.4 billion out of its $6.4 billion borrowing program for 2003.


All the transactions, totaling 55, had an average maturity of seven years with the proceeds entirely in US dollars. 


"ADB diversifies its funding sources across markets, instruments, and maturities to ensure that funds are available to meet its cash requirements at the lowest possible cost," ADB assistant treasurer Juan Limandibrata said in a statement.


                    [DatePublished] => 2003-05-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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LIMANDIB

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                    [Title] => ADB raises $3.4-B
                    [Summary] => The Asian Development Bank (ADB) has raised $3.4 billion out of its $6.4 billion borrowing program for 2003.


All the transactions, totaling 55, had an average maturity of seven years with the proceeds entirely in US dollars. 


"ADB diversifies its funding sources across markets, instruments, and maturities to ensure that funds are available to meet its cash requirements at the lowest possible cost," ADB assistant treasurer Juan Limandibrata said in a statement.


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abtest

ADB raises $3.4-B

By Ted P. Torres | May 23, 2003 - 12:00am

The Asian Development Bank (ADB) has raised $3.4 billion out of its $6.4 billion borrowing program for 2003. All the transactions, totaling 55, had an average maturity of seven years with the proceeds entirely in...

Business