Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 12 September 2019 US$ 50 million from the Asian Development Bank as payment for subscription of new shares under the capital increase proposal (CIP) approved by CGIF’s Contributors on 6 December 2017.

For the understanding of the specific characteristics of Viet Nam’s corporate bond market, total outstanding corporate bonds as of 31 December 2018 obtained from Bloomberg were investigated. Local currency bondsissued by domestic entities in Viet Nam dong (VND) and issued in Viet Nam were included in the criteria for selecting the bonds for analysis.

For the understanding of Indonesia’s corporate bond market, available data from the KSEI, OJK and the IDX were investigated. Data on corporate bonds as of 31 December 2018 from Bloomberg LP and those listed at IDX were also investigated for the analysis of specific characteristics of corporate bonds.

Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (CGIF) has received on 19 June 2019, US$ 1,700,000 from the government of the Republic of the Philippines as its last installment payment for its subscription of new shares under the capital increase proposal (CIP) approved by CGIF’s Contributors on 6 December 2017.

The Contributors of the Credit Guarantee and Investment Facility (CGIF) has appointed Ms. Guiying Sun as its new Chief Executive Officer (CEO).