- The International Finance Corporation (IFC) has signed an agreement with Asian asset management arm of Prudential plc, Eastspring Investments, to raise US$500 million for a programme that could attract institutional investors to infrastructure projects in emerging markets
- The European Bank for Reconstruction and Development (EBRD) has invested €50 million in a €550 million bond issued by real estate investment company Globalworth Real Estate Investments
- The EBRD has also invested of around €12 million in the first covered bond to be issued in Polish zloty by PKO Bank Hipoteczny S.A.
- YES BANK, India’s fourth largest private sector bank has joined development finance institutions that include FMO, DEG and Proparco in signing a charter to mobilise green investments in accordance with the Sustainable Development Goals (SDG).
- The Asian Development Bank (ADB) has raised around US$217 million from several Indian rupee five-year bonds issued offshore. This is the bank’s third bond issue in the India’s local currency market so far in 2017.
- The ADB’s president Takehiko Nakao also recently signed a US$300 million loan for major district roads improvements in Uttar Pradesh’s state capital of Lucknow. The loan will finance an upgrade of about 430 kilometres of major district roads in the state.
- KfW has issued its fourth euro benchmark bond at a total size of €5 billion. KfW issued a total volume of €28 billion euro-denominated bonds in the first half of 2017.