Cote Dlvoire, June 10 -- On Tuesday 3rd June, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA (Moody's/S&P/Fitch) successfully priced a dual tranche comprising a new USD 2 billion 3-year Global Benchmark and a new USD 1 billion 10-year Global Benchmark. This transaction represents the Bank's first ever dual tranche and its inaugural 10-year USD Global Benchmark.The dual tranche transaction benefitted from a strong reception amidst a busy primary market, with oversubscription recorded at 2.9x on the 3-year tranche and 5.1x on the 10-year tranche. With a combined order book of USD 10.8 billion, it is the largest achieved by the AfDB for a 3-year USD transaction with a final book in excess of USD 5.7 billion.The transaction received s...