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Islamic Development Bank 2022
IDB Trust Services Limited
Governed by English Law. Issued under IDB US$25 billion Trust Certificate Issuance Programme. This issuance is the Bank’s second benchmark issuance in 2017 after its first issuance of the same amount in April 2017.
53% of the issue size was allocated to investors in EMEA, while 47% was allocated to Asia. In terms of type of Investors, the deal saw strong participation from real money accounts and official institutions providing credence to IsDB’s credit strength. 57% of issue size was allocated to central banks and official agencies, while 43% was allocated to Banks and Fund managers, compared to 88% and 22% respectively for the last deal in April.