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Thursday, July 9, 2020
BRICS New Development Bank Issues 2 Bln Yuan Bond in China
BRICS New Development Bank (NDB) announced that it has successfully issued a 2 billion yuan (285 million U.S. dollars) bond in the China Interbank Bond Market
The Board of Directors of the New Development Bank (NDB) approved a COVID-19 Emergency Program Loan of USD 1 billion to the Government of the Republic of South Africa
The Shanghai-based New Development Bank (NDB) sold $1.5 billion worth of three-year bonds with more than $2.1 billion in orders, a source familiar with the deal told
The New Development Bank of the BRICS countries appointed Marcos Prado Troyjo, who served as Brazil’s Economy Minister, as the new president of the Shanghai-based bank
The Program was approved by the NDB Board of Directors on April 30, 2020, and it is aimed at supporting the Government of India in its efforts to contain the spread of COVID-19 and reduce human, social and economic losses caused by the coronavirus outbreak
The Brazilian government confirmed the appointment of Economy ministry secretary Marcos Troyjo to head the New Development Bank
Governors exchanged views on the next five-year General Strategy of the New Development Bank, highlighting that the NDB supports infrastructure and sustainable development projects tailored to the needs of individual countries, respecting their development priorities and strategies