Recently, which international organization issues inaugural education bond?

A. ADB
B. IMF
C. WB
D. UNSC

Answer

Correct Answer: A. ADB


Detailed About MCQs

The Asian Development Bank (ADB) has priced its first education bond to finance a pool of projects related to the sector, including technical and vocational training, in Asia and the Pacific. According to an ADB press statement received here, priced on February 2, the A$75 million (about $57 million) 10-year bond was purchased entirely by Dai-ichi Life Insurance Company, Limited of Japan and arranged by Credit Agricole CIB.