Moody’s affirms Asian Development Bank

Moody's Investors Service said it affirmed Asian Development Bank's Aaa long-term issuer and Aaa senior unsecured debt ratings.

Concurrently, its short-term issuer and commercial paper ratings of P-1 were affirmed.

The outlook remains stable.

“The affirmation of ADB's Aaa rating reflects ADB's ample capital adequacy, supported by a strong risk management framework and preferred creditor status that contributes to asset performance,” the agency said in a news release.

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