OREANDA-NEWS. February 05, 2010. The bonds, with a coupon rate of 2.625% per annum payable semiannually and a maturity date of 9 February 2015, were priced at 99.642% to yield 34.15 basis points over the 2.25% US Treasury note due January 2015.

"We are very pleased with the size and sponsorship of the transaction, which reflects ADB’s core funding strategy of maintaining a strong presence in key currency bond markets through regular issuance of liquid benchmark global bonds," said ADB Treasurer Mikio Kashiwagi.

The transaction was lead-managed by Bank of America Merrill Lynch, Morgan Stanley, RBC Capital Markets and UBS. A syndicate group was also formed consisting of BNP Paribas, Citi, Credit Suisse, Daiwa, Goldman Sachs, and JP Morgan.

The deal marks ADB’s first global issue in the US dollar global bond market since May 2009, when it also issued bonds with a 5-year maturity.

ADB plans to raise around US15 billion in 2010.