ADB sells 5 bln USD 3-year global benchmark bond

MANILA, Jan. 9 (Xinhua) -- The Asian Development Bank (ADB) has priced a 5-billion-U.S. dollar three-year global benchmark bond, the proceeds of which will be part of the ADB's ordinary capital resources, the multilateral lender said Thursday.

The ADB said the three-year bond, with a coupon rate of 4.375 percent per annum payable semi-annually and a maturity date of Jan. 14, 2028, was priced at 99.772 percent to