Benchmark Bond

Benchmark Bond

The most recent issue of a bond with a given maturity. A benchmark bond's performance is used to compare the performances of other bonds with the same maturity and of similar issue sizes, coupons, and liquidity. See also: benchmark.
References in periodicals archive ?
This is the first ever public Swiss franc-denominated benchmark bond (CHF 100 million) carved out of the Philippines, the first ASEAN (Association of Southeast Asian Nation) green bond benchmark for Bank of the Philippine Islands (BPI) the first-ever rated Philippine green bond in the international market and the first negative-yielding bonds to be issued out of the Philippines in the international capital market.
The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $3.5 billion 5-year global benchmark bond issue, proceeds of which will be part of ADBs ordinary capital resources.
Islamabad -- The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a US $ 3.5 billion five-year global benchmark bond issue, proceeds of which will be part of ADB's ordinary capital resources.
The global benchmark bond issue is ADB's first issuance for the year in line with its goal of raising around $23 million from the capital markets this year.
ADB's decision to go out was duly rewarded with a strong orderbook that held together at the tightest pricing for a USD 5-year global benchmark bond so far in 2019.' The five-year bond, with a coupon rate of 2.625% per annum payable semi-annually and a maturity date of 30 January 2024, was priced at 99.498% to yield 14.9 basis points over the 2.625% US Treasury notes due December 2023.
ISLAMABAD -- The Asian Development Bank(ADB) returned to the US Dollar bond market with the pricing of a US $ 3.5 billion five-year global benchmark bond issue, proceeds of which will be part of ADB's ordinary capital resources.
ISLAMABAD -- The Asian Development Bank (ADB) has returned to the US dollar bond market with the pricing of a $3.5-billion five-year global benchmark bond issue, the proceeds of which will be part of the bank's ordinary capital resources.
IN order to boost its ordinary capital resources, the Asian Development Bank (ADB) returned to the US dollar bond market to raise $3.5 billion from a five-year global benchmark bond.
This time, the nation's debt agency sold the new benchmark bond at a yield of 1.123 percent and covered around a quarter of its EUR14bn to EUR18bn issuance target for 2019 just nine days into the year.
The 2-year USD-denominated benchmark bond raised USD 1 billion from investors in the Americas and Europe.
The 10-year benchmark bond yield fell 4 basis points to 8.93 per cent from 8.97 per cent before the auction results after the better-than-expected cutoffs.
In January last year, the NTMA issued 2.5 billion euros of the existing 5-year benchmark bond at a yield of 3.32 percent.