Following the successful issuance of the Asian Development Bank’s (ADB) first catastrophe bond offerings, Roberta Casali, Vice-President for Finance and Risk Management at the ADB has explained how the cat bonds will provide committed financing for disasters and said she hopes the first ADB cat bonds will “pave the way for future issuances.”
As we reported on April 24th, the Asian Development Bank’s (ADB) first catastrophe bonds had been priced in the market, securing a $160 million capital market-backed source of parametric earthquake and extreme precipitation disaster risk financing, evenly split $80 million each across issuances for beneficiaries the Kyrgyz Republic and Tajikistan.
We’ve been following the ADB’s journey into the catastrophe bond market for the first time since we revealed it was planning its first catastrophe bonds back in November 2025.
FULL ORIGINAL PUBLICATION HERE