The Asian Infrastructure Investment Bank (AIIB) is launching its inaugural USD5-billion multicurrency Euro Commercial Paper (AIIB ECP) program in February 2023. The program expands AIIB’s short-term funding options and demonstrates the Bank’s agility in meeting investors’ demand for sustainable investment through high-quality debt capital market issuance programs.
“We are excited to give our global investment community partners access to another high-quality, short-term debt instrument that will also help AIIB build on its strong development agenda,” said AIIB Treasurer Domenico Nardelli. “The program will address investors’ demand and help AIIB optimize its liquidity management.”
As a multilateral development bank established in the 21st century, AIIB is committed to financing Infrastructure for Tomorrow to foster sustainable economic development, create wealth and improve infrastructure connectivity. The addition of the AIIB ECP program brings a new funding source channel to support AIIB in financing green infrastructure projects and help its members achieve their nationally determined contribution commitments under the Paris Agreement and targets under the UN Sustainable Development Goals.
AIIB has received a top short-term rating of Prime-1 (P-1) from Moody’s Investors Service, A-1+ from Standard and Poor’s (S&P) and F-1+ from Fitch Ratings. The highest level of credit quality is also reflected on AIIB’s long-term Triple-A ratings received from major international credit rating agencies.
The current AIIB ECP program dealers are Bank of America Merrill Lynch, Barclays, Citigroup, Goldman Sachs International and Natwest Markets.
About AIIB
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.