Article: ASIAN DEVELOPMENT BANK: Asian Development Bank's 31st public bond issue in Switzerland.

M2 PRESSWIRE-26 March 1999-ASIAN DEVELOPMENT BANK: Asian Development Bank's 31st public bond issue in Switzerland (C)1994-99 M2 COMMUNICATIONS LTD

RDATE:250399

The Asian Development Bank launched yesterday a SwF300 million public bond issue in the Swiss capital market through an underwriting syndicate lead managed by Credit Suisse First Boston.

The issue, priced at 101 per cent, has a six-year bullet maturity and bears a coupon of 2.25 per cent per annum, payable annually. The bonds will be listed on the Swiss Electronic Exchange.

This is ADB's 31st public ...

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