In the wake of COVID-19, supranationals such as the Asian Development Bank (ADB) have stepped up their lending and support in developing member countries and this is made possible by bond issuance, including that denominated in Emerging Market currencies. The wide range of investors in these bonds therefore play a critical role in steering capital to where it is urgently needed. Standard Chartered has been working closely with a number of supranationals to issue such bonds and is among the market leaders for issuance in Asian currencies.
