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New Asean bond guarantee programme rated AA+
May 28, 2012
From Lorraine Cushnie
The bond facility from the Asian Development Bank will guarantee local currency debt issued by Asean companies.
A new credit facility from the Asian Development Bank (ADB) which will provide guarantees for local currency bonds issued by entities domiciled in one Association of Southeast Asian Nations (Asean) + 3 countries, has received its inaugural rating.
The Credit Guarantee...
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