ADB sells 3.5 bln USD 2-year global benchmark bond

MANILA, May 15 (Xinhua) -- The Asian Development Bank (ADB) on Wednesday said that it priced a two-year global benchmark U.S. dollar bond worth 3.5 billion dollars, proceeds of which will be part of the bank's ordinary capital resources.

The two-year bond, with a coupon rate of 4.875 percent per annum payable semi-annually and a maturity date of May 21, 2026, was priced at 99.904 percent to yield 9.9 basis point