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June 19, 2025 | 3 months ago
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Dr. Zamir Iqbal, IsDB's Vice President Finance and CFO, hailed the success, saying it reflected "strong investor confidence in the Bank's financial strength and its mission of sustainable development". He added that the funds raised would be important to support the institution's strategic projects in its 57 member countries.
For their part, IsDB Treasurer Mohammed Sharaf and Head of Capital Markets Zakky Bantan pointed out that this transaction already represents 80% of the Bank's annual funding program. "Our agile approach and constant engagement with investors were decisive for the success of this issue," they said.
The deal attracted a broad base of quality investors, dominated by central banks and official institutions (59%), followed by private banks (35%) and asset managers (6%). Geographically, subscriptions came mainly from the Middle East and North Africa (45%), the UK and Europe (34%), Asia (20%) and US offshore investors (1%).
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