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IFAD enters the Australian Dollar market, issuing AUD 75 million sustainable bond to investor Meiji Yasuda Life
IFAD issued its first Australian Dollar (AUD) private placement today, setting yet another milestone as an issuer of sustainable bonds in international markets and broadening its issuance currency pool. The investor, Meiji Yasuda Life, one of the leading life insurers in Japan, bought a fifteen-year AUD 75 million sustainable bond to support IFAD in its mission to accelerate sustainable growth and inclusive development in rural areas of developing countries.