MANILA, March 19 (Xinhua) -- The Asian Development Bank (ADB) said Wednesday that it priced a 2-billion-U.S. dollar 10-year global benchmark bond, the proceeds of which will be part of ADB's ordinary capital resources.

"This offering achieved the highest orderbook at more than 7.2 billion dollars for an ADB 10-year global benchmark issue," said ADB Treasurer Tobias Hoschka.

The 10-year bond, with a coupon rate of 4.375 percent per annum payable semi-annually and a maturity date of March 22, 2035, was priced at 99.210 percent to yield 17.4 basis points over the 4.625 percent U.S. Treasury notes due February 2035.

The transaction was lead-managed by Citigroup, Deutsche Bank, HSBC and J.P. Morgan.

The issue achieved wide primary market distribution, with 55 percent placed in Europe, the Middle East, and Africa, 25 percent in Asia, and 20 percent in the Americas.

By investor type, 40 percent went to banks, 38 percent to central banks and official institutions, and 22 percent to fund managers and other types of investors.

The ADB plans to raise about 35 to 36 billion dollars from the capital markets in 2025. Enditem

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