Twin issuances seeking earthquake and extreme precipitation cover for the Kyrgyz Republic and Tajikistan are in the market
ADB offering its first two cat bonds
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Asian Development Bank offering its first two catastrophe bonds
 The Asian Development Bank (ADB) has its first catastrophe bond offerings in the market, with two $75 million issuances that each target parametric earthquake and extreme precipitation disaster risk financing from the capital markets for the Kyrgyz Republic and Tajikistan.
Both the offerings of Kyrgyz Republic Disaster Relief Capital-At-Risk-Notes and of Tajikistan Disaster Relief Capital-At-Risk-Notes are seeking $75 million of risk transfer protection for each country, to cover earthquake and extreme precipitation events on a parametric basis.
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