Global investors have backed Asian Infrastructure Investment Bank (AIIB) to raise $2.5bn (鈧�2.23bn) via bonds for infrastructure investment.
The development bank said the debut global bond attracted orders from over 90 investors across the globe representing 27 countries.
The five-year bond was backed by central banks, fund manager, insurers and pension schemes, AIIB said.
AIIB said the amount raised will be used for sustainable infrastructure investing, developing cross-border connectivity, and promoting environmental, social and governance (ESG) investing in emerging Asia.
Thierry de Longuemar, AIIB鈥檚 CFO said: 鈥淭his bond is reflective of investor demand globally for high-quality sustainable investments. AIIB鈥檚 outlook has always been global with founding members from Asia, Africa, South America and Europe.
鈥淲e were delighted to see demand from such a diversified group of investors in the book and look forward to showing our global investor base the positive contribution that this capital will have in Asia and beyond.鈥�
AIIB president Jin Liqun said the growing institutional demand for fiscally sustainable, revenue-positive projects and support for AIIB鈥檚 unique operating model is evidenced by the almost $8bn of financings already approved by the bank.
鈥淏y participating in capital markets, we can harness further financial support from a global investor base, which will enable us to catalyze infrastructure investment and accelerate adoption of ESG investing principles in emerging Asia.鈥�
