Form QRTLYRPT AFRICAN DEVELOPMENT BANK For: Dec 31
AFRICAN DEVELOPMENT BANK
BANQUE AFRICAINE DE DEVELOPPEMENT
File No 83-4
Regulation AFDB
Sections 288.2 and
288.4(a), (b) and (c)
SECURITIES AND EXCHANGE COMMISSION (THE "COMMISSION")
WASHINGTON D.C. 20549
PERIODIC REPORT
Persuant to Sections 288.2 and 288.4(a), (b) and (c) of Regulation AFDB (17 C.F.R. Part 288) adopted pursuant to Section 9(a) of the African Development Bank Act (22 USC Sec. 290i-9(a)), the African Development Bank hereby submits the information described below.
QUARTER ENDED 31 DECEMBER 2021
(the "Quarter")
AFRICAN DEVELOPMENT BANK (the "Bank")
ABIDJAN, COTE D'IVOIRE
1. Information concerning any purchases or sales by the Bank of its primary obligations during the Quarter:
Borrowing transactions
Description | Type of Transaction | Trade Date | Value Date | Maturity Date | Amount in currency (million) | Dealer |
---|---|---|---|---|---|---|
ZAR 300 million 'Integrate Africa' Fixed Rate Notes |
Borrowing |
6-Oct-21 |
13-Oct-21 |
13-Apr-27 |
JPY 100.00 |
Daiwa Capital Markets |
AUD 40 million 'Feed Africa' Fixed Rate Notes |
Borrowing |
14-Oct-21 |
27-Oct-21 |
27-Oct-31 |
AUD 40.00 |
Natixis |
ZAR 300 million Zero Coupon Rate Notes_Tap 5 |
Borrowing |
21-Oct-21 |
1-Nov-21 |
9-Sep-36 |
ZAR 88.13 |
JP Morgan |
IDR 15 billion IDR 15 billion 'Improve the Quality of Life for the People of Africa' Fixed Rates Notes Tap 1 |
Borrowing |
21-Oct-21 |
29-Nov-21 |
30-Nov-26 |
IDR 15,000.00 |
Credit Agricole Corporate & Investment Bank |
INR 115 million Zero Coupon Notes |
Borrowing |
22-Oct-21 |
29-Nov-21 |
28-Nov-25 |
INR 97.35 |
Credit Agricole Corporate & Investment Bank |
AUD 30 million Kangaroo Fixed Rate Notes Tap 14 |
Borrowing |
25-Oct-21 |
2-Nov-21 |
6-Mar-24 |
AUD 30.00 |
TD Securities |
GBP 500 million Fixed Rate Notes |
Borrowing |
25-Oct-21 |
2-Nov-21 |
16-Dec-24 |
GBP 500.00 |
Barclays / Deutsche Bank / RBC |
BRL 60 million 'Integrate Africa' Fixed Rate Notes |
Borrowing |
27-Oct-21 |
4-Nov-21 |
4-Nov-25 |
BRL 60.00 |
Daiwa Capital Markets |
INR 160 million 'Integrate Africa' Zero Coupon Notes_ Tap 1 |
Borrowing |
28-Oct-21 |
8-Nov-21 |
1-Jun-23 |
INR 148.97 |
Daiwa Capital Markets |
CNY 250 million 1-Year Offshore Fixed Rate Notes |
Borrowing |
29-Oct-21 |
5-Nov-21 |
7-Nov-22 |
CNY 250.00 |
BNP Paribas |
USD 1 million Callable Fixed Rate PRDC Notes |
Borrowing |
29-Oct-21 |
16-Nov-21 |
17-Nov-51 |
USD 1.00 |
MUFG Securities |
ZAR 40 million Fixed Rate Notes |
Borrowing |
4-Nov-21 |
16-Nov-21 |
17-Nov-25 |
ZAR 40.00 |
JP Morgan |
AUD 65 million Kangaroo Fixed Rate Notes Tap 15 |
Borrowing |
5-Nov-21 |
12-Nov-21 |
6-Mar-24 |
AUD 65.00 |
Australia and New Zealand Banking Group |
USD 100 million Fixed Rate Notes |
Borrowing |
8-Nov-21 |
15-Dec-21 |
12-Dec-26 |
USD 100.00 |
CastleOak Securities |
USD 40 million Fixed Rate Notes Tap 1 |
Borrowing |
10-Nov-21 |
15-Dec-21 |
12-Dec-26 |
USD 40.00 |
CastleOak Securities |
USD 3 million Fixed Rate UGX linked Notes |
Borrowing |
12-Nov-21 |
22-Nov-21 |
22-Nov-23 |
USD 3.00 |
ING Bank |
ECP transactions
Type of Transaction | Trade Date | Value Date | Maturity Date | Amount in currency (million) | Dealer |
---|---|---|---|---|---|
Commercial Paper |
8-Nov-21 |
9-Nov-21 |
10-Nov-21 |
USD 0.25 |
Citi |
Matured bonds
The Bank redeemed in full the following amounts in respect of its primary obligations during the Quarter:
Description | Trade Date | Value Date | Maturity Date | Amount Redeemed (million) |
---|---|---|---|---|
ZAR 580 million Deep Discount Fixed Rate Notes |
28-Sep-11 |
26-Oct-11 |
26-Oct-21 |
ZAR 580.00 |
ZAR 850 million Deep Discount Fixed Rate Notes |
26-Oct-11 |
24-Nov-11 |
24-Nov-21 |
ZAR 850.00 |
ZAR 350 million Deep Discount Fixed Rate Notes |
25-Nov-11 |
21-Dec-11 |
21-Dec-21 |
ZAR 350.00 |
USD 200 million bullet Fixed Rate Notes |
24-Oct-16 |
31-Oct-16 |
31-Oct-21 |
USD 200.00 |
RUB 3,500 million Zero Coupon Notes |
6-Dec-16 |
29-Dec-16 |
29-Dec-21 |
RUB 3,500.00 |
GBP 800 million Benchmark Fixed Rate Notes |
12-Jan-17 |
20-Dec-19 |
20-Dec-21 |
GBP 800.00 |
BRL 7.3 million Fixed Rate Notes |
17-Aug-17 |
11-Oct-17 |
13-Oct-21 |
BRL 7.30 |
IDR 18 billion Fixed Rate Notes |
18-Aug-17 |
11-Oct-17 |
12-Oct-21 |
IDR 18,000.00 |
BRL 5.8 million Fixed Rate Notes |
20-Sep-17 |
7-Nov-17 |
8-Nov-21 |
BRL 5.80 |
IDR 18 billion 'Improve the Quality of Life for the people of Africa' Fixed Rate Notes |
20-Sep-17 |
7-Nov-17 |
8-Nov-21 |
IDR 18,000.00 |
BRL 3.2 million Fixed Rate Notes 'Improve the quality of life for the people of Africa' |
29-Sep-17 |
8-Nov-17 |
9-Nov-21 |
BRL 3.20 |
ZAR 24 million 'Improve the Quality of Life for the people of Africa' Fixed Rate Notes |
6-Oct-17 |
21-Nov-17 |
22-Nov-21 |
ZAR 24.00 |
BRL 8 million Fixed Rate Notes |
17-Oct-17 |
12-Dec-17 |
13-Dec-21 |
BRL 8.00 |
IDR 18 billion Fixed Rate Notes |
20-Sep-17 |
7-Nov-17 |
13-Dec-21 |
IDR 18,000.00 |
BRL 62.5 million Fixed Rate Notes |
27-Sep-18 |
15-Oct-18 |
29-Nov-21 |
BRL 62.50 |
INR 350 million 'Feed Africa' Zero Coupon Notes |
23-May-18 |
1-Jun-18 |
1-Dec-21 |
INR 350.00 |
USD 10.45 million Fixed Rate Notes |
14-Sep-18 |
30-Oct-18 |
28-Oct-21 |
USD 10.45 |
MXN 195 million Fixed Rate Notes |
14-Sep-18 |
30-Oct-18 |
28-Oct-21 |
MXN 195.00 |
INR 97 million 'Improve the Quality of Life for the people of Africa' Fixed Rate Notes |
25-Sep-18 |
25-Oct-18 |
26-Oct-21 |
INR 97.00 |
ZAR 20 million Fixed Rate Notes |
15-Oct-18 |
15-Nov-18 |
16-Nov-21 |
ZAR 20.00 |
INR 100 million 'Improve the Quality of Life for the people of Africa' Fixed Rate Notes |
22-Oct-18 |
28-Nov-18 |
29-Nov-21 |
INR 100.00 |
INR 100 million Fixed Rate Notes |
20-Nov-18 |
27-Dec-18 |
29-Dec-21 |
INR 100.00 |
USD 500 million Green Bond Fixed Rate Notes |
27-Nov-18 |
06-Dec-2018 |
06-Dec-21 |
USD 500.00 |
TRY 98 million 'Improve the Quality of Life for the people of Africa' Zero Coupon Note |
23-Aug-19 |
17-Oct-19 |
18-Oct-21 |
TRY 98.00 |
TRY 51 million Zero Coupon Notes |
9-Oct-19 |
26-Nov-19 |
26-Nov-21 |
TRY 51.00 |
USD 750 million FRN |
14-Jan-20 |
24-Apr-20 |
15-Dec-21 |
USD 750.00 |
Matured ECP transactions
Type of Transaction | Trade Date | Value Date | Maturity Date | Amount in currency (million) | Dealer |
---|---|---|---|---|---|
Commercial Paper |
8-Nov-21 |
9-Nov-21 |
10-Nov-21 |
USD 0.25 |
Citi |
Buyback transactions
The Bank did not execute any buyback during the Quarter.
Callable bonds
No call exercise during the Quarter.
2. Attached hereto please find a soft copy of the Bank's financial statement for the period ending 31 December 2021.
3. With regards to Section 288.2(a)(3) of Regulation AFDB the Bank states that:
No material modifications or amendments of any exhibits previously filed with the Commission under any statute were made during the Quarter.
Pursuant to the requirement of Section 288.4(a) of Regulation AFDB, this Report has been signed on behalf of the African Development Bank by the undersigned who is a duly authorized officer thereof.
Yours Faithfully,
Hassatou Diop N'Sele
Treasurer
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