Cote Dlvoire, Feb. 26 -- On Tuesday 24 February, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/ /JCR) successfully priced a new USD 2 billion 5-year Global Benchmark due March 2031, the Bank's second USD benchmark of the year, following a successful USD 1 billion 10-year benchmark priced in January.Despite current market headwinds, the transaction garnered strong support from the global investor community, enabling the Bank to tighten the bond pricing by 2 basis points (bps) from Initial Pricing Thoughts (IPTs) and achieve a final spread of 4.5bps vs US Treasuries. The final orderbook closed in excess of USD 7 billion, becoming the largest ever orderbook for an AfDB bond issuance.In addition to attracting a...