ADB Issues Inaugural Disaster Relief Bonds Targeting Earthquake and Extreme Precipitation Risk in the Kyrgyz Republic and Tajikistan

MANILA, PHILIPPINES (3 May 2026) — The Asian Development Bank (ADB) issued its first Disaster Relief Bond (DRB) offerings, also known as catastrophe bonds, as part of its regional Risk-Layered Disaster Relief Finance Program which aims to reduce the financial impact of natural hazards and climate-related shocks. The bonds are designed to protect against severe disasters and […]