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Which International Bank is planning to issue its first US dollar-denominated bond by June 2018?
- a)World Bank
- b)International Monetary Fund
- c)Asian Development Bank
- d)Asian Infrastructure Investment Bank
- e)Multilateral development bank
Correct answer is option 'D'. Can you explain this answer?
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Which International Bank is planning to issue its first US dollar-deno...
Asian Infrastructure Investment Bank (AIIB) is planning to issue its first US dollar-denominated bond by June 2018. Soren Elbech, Treasurer of AIIB has stated that the minimum size of the issuance will be one billion dollars. Maturity of these bond will be between three and five years depending on investor demand. On account of its strong capital base and stable outlook, AIIB has received three top-notch ratings from the global credit rating agencies, S&P Global Ratings, Fitch and Moody’s. China is the largest shareholder in AIIB holding 26.06 per cent voting shares followed by India with 7.5 per share. Energy, power generation, transport and rural infrastructure are AIIB’s priority areas of investment.
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Which International Bank is planning to issue its first US dollar-deno...
Asian Infrastructure Investment Bank's US Dollar-Denominated Bond
The Asian Infrastructure Investment Bank (AIIB) is set to make a significant financial move by issuing its first US dollar-denominated bond by June 2018. This decision marks a notable step in the bank's strategy to diversify its funding sources.
Key Reasons for the Bond Issue
- Funding Infrastructure Projects: The primary objective of AIIB is to finance infrastructure development across Asia. By issuing bonds, they can raise substantial capital to support various projects, which is crucial for economic growth in member countries.
- Attracting Global Investors: Issuing a US dollar-denominated bond allows AIIB to tap into a larger pool of global investors who prefer transactions in USD. This move enhances the bank’s visibility and credibility in the international financial market.
- Strengthening Financial Position: The bond issuance is expected to improve AIIB's financial position by providing it with a reliable and stable source of funding. This stability is vital for the bank's long-term sustainability and operational efficiency.
Context of the Bond Issuance
- Historical Significance: The AIIB was established in 2016 and has focused on enhancing infrastructure investment in Asia. This bond issuance signifies its growing role in the global financial ecosystem.
- Market Response: The announcement has generated interest and optimism among investors, highlighting the potential for AIIB to become a key player in financing infrastructure on a global scale.
In conclusion, the AIIB's plan to issue its first US dollar-denominated bond by June 2018 is a strategic initiative aimed at enhancing its funding capabilities and supporting infrastructure development in Asia.
The Asian Infrastructure Investment Bank (AIIB) is set to make a significant financial move by issuing its first US dollar-denominated bond by June 2018. This decision marks a notable step in the bank's strategy to diversify its funding sources.
Key Reasons for the Bond Issue
- Funding Infrastructure Projects: The primary objective of AIIB is to finance infrastructure development across Asia. By issuing bonds, they can raise substantial capital to support various projects, which is crucial for economic growth in member countries.
- Attracting Global Investors: Issuing a US dollar-denominated bond allows AIIB to tap into a larger pool of global investors who prefer transactions in USD. This move enhances the bank’s visibility and credibility in the international financial market.
- Strengthening Financial Position: The bond issuance is expected to improve AIIB's financial position by providing it with a reliable and stable source of funding. This stability is vital for the bank's long-term sustainability and operational efficiency.
Context of the Bond Issuance
- Historical Significance: The AIIB was established in 2016 and has focused on enhancing infrastructure investment in Asia. This bond issuance signifies its growing role in the global financial ecosystem.
- Market Response: The announcement has generated interest and optimism among investors, highlighting the potential for AIIB to become a key player in financing infrastructure on a global scale.
In conclusion, the AIIB's plan to issue its first US dollar-denominated bond by June 2018 is a strategic initiative aimed at enhancing its funding capabilities and supporting infrastructure development in Asia.
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Which International Bank is planning to issue its first US dollar-denominated bond by June 2018?a)World Bankb)International Monetary Fundc)Asian Development Bankd)Asian Infrastructure Investment Banke)Multilateral development bankCorrect answer is option 'D'. Can you explain this answer?
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