The ADB has provided details on how the notes were distributed across the investor base
ADB cat bonds to “pave way for future issuances”
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ADB’s inaugural catastrophe bonds to “pave way for future issuances” – VP Roberta Casali
 Following the successful issuance of the Asian Development Bank’s (ADB) first catastrophe bond offerings, Roberta Casali, Vice-President for Finance and Risk Management at the ADB has explained how the cat bonds will provide committed financing for disasters and said she hopes the first ADB cat bonds will “pave the way for future issuances.”
The Asian Development Bank has hailed its first successful catastrophe bonds, explaining more detail on their distribution to investors, and highlighted the important role cat bonds could play going forwards for the Bank and its member countries, in providing access to efficient and responsive disaster risk financing.
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