New Development Bank Issues USD 1.75 Billion 3-Year Benchmark Bond
On July 16, 2026, the New Development Bank (NDB) priced a USD 1.75 billion 3-year benchmark bond, issued in the international capital markets under the Bank’s USD 50 billion Euro Medium Term Note (EMTN) Programme. The bond was priced at SOFR plus 39 basis points, with a coupon of 4.375%.The issuance received robust demand from a broad range of investors, ...
