Obligation Asian Development Bank 0.01375% ( US045167CF88 ) en USD

Asian Development Bank

100 % ▼

Philippines

US045167CF88 ( en USD )

0.01375% par an ( paiement semestriel )

23/03/2020 - Obligation échue

Prospectus brochure de l'obligation Asian Development Bank US045167CF88 en USD 0.01375%, échue

045167CF8

L'Obligation émise par Asian Development Bank ( Philippines ) , en USD, avec le code ISIN US045167CF88, paye un coupon de 0.01375% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 23/03/2020

PRICING
SUPPLEMENT

ASIAN DEVELOPMENT BANK
GLOBAL MEDIUM-TERM NOTE PROGRAM
Series No: 723-00-1
U.S.$1,000,000,000
1.375 per cent. Global Notes due 23 March 2020
Issue price: 99.888 per cent.

Joint Lead Managers

Goldman Sachs International
Morgan Stanley
RBC Capital Markets

Co-Lead Managers
BNP PARIBAS
Citigroup
Daiwa Capital Markets Europe
SMBC Nikko
TD Securities

The date of this Pricing Supplement is 17 January 2013.

This pricing supplement (the "Pricing Supplement") is issued to give details of an
issue of U.S.$1,000,000,000 1.375 per cent. Global Notes due 23 March 2020 (the "Notes") by
the Asian Development Bank ("ADB") under its Global Medium-Term Note Program and to
provide information supplemental to the Prospectus referred to below.
This Pricing Supplement supplements the terms and conditions of the Notes set
forth in the Prospectus dated 28 April 2011 (as amended and supplemented and together with the
documents incorporated by reference therein, the "Prospectus") and should be read in
conjunction with the Prospectus. Unless otherwise defined in this Pricing Supplement,
capitalized terms used herein have the meanings given to them in the Prospectus.
The issue of the Notes was authorized pursuant to a global borrowing
authorization of the Board of Directors of ADB dated 12 December 2012.
This Pricing Supplement does not constitute, and may not be used for the
purposes of, an offer or solicitation by anyone in any jurisdiction in which such an offer or
solicitation is not authorized or to any person to whom it is unlawful to make such an offer or
solicitation, and no action is being taken to permit an offering of the Notes or the distribution of
this Pricing Supplement in any jurisdiction where such action is required.
The Notes are not required to be and have not been registered under the U.S.
Securities Act of 1933, as amended. The Notes have not been approved or disapproved by
the U.S. Securities and Exchange Commission or any state securities commission nor has
the Commission or any state securities commission passed upon the accuracy or adequacy
of this Pricing Supplement. Any representation to the contrary is a criminal offense in the
United States.
The distribution of this Pricing Supplement or the Prospectus and the offer and
sale of the Notes may be restricted by law in certain jurisdictions. Persons into whose possession
this Pricing Supplement or the Prospectus comes are required by ADB and the Managers to
inform themselves about and to observe any such restrictions. For a description of certain
restrictions on offers and sales of Notes and on the distribution of this Pricing Supplement or the
Prospectus, see "Plan of Distribution" in the Prospectus.
The Notes are not the obligation of any government.
2

TERMS AND CONDITIONS
The following items are the particular terms and conditions of the Notes to which
this Pricing Supplement relates. In case of any conflict between such terms and conditions and
the terms and conditions set forth in the Prospectus, the terms and conditions set forth in this
Pricing Supplement shall govern.
General Provisions
1.
Issuer:
Asian Development Bank.
2.
Series Number:
723-00-1.
3.
(i) Specified
Currency
(Condition 1(c)):
United States Dollars ("U.S.$").
(ii)
Specified Principal Payment
Currency if different from
Specified Currency (Condition
1(c)): Not
applicable.
(iii)
Specified Interest Payment
Currency if different from
Specified Currency (Condition
1(c)): Not
applicable.
(iv) Alternative
Currency
(Condition 7(i)) (if applicable): Not applicable.
4.
Aggregate Nominal Amount:
U.S.$1,000,000,000.
5.
(i)
Issue Price:
99.888 per cent. of the Aggregate Nominal
Amount.
(ii)
Net proceeds:
U.S.$ 997,380,000.
6.
Specified Denominations (Condition
1(a)): U.S.$1,000.
7.
(i)
Issue Date (Condition 5(d)):
23 January 2013.
(ii)
Interest Commencement Date
(if different from the Issue
Date) (Condition 5(d)):
Not applicable.
8.
Maturity Date or Redemption Month
(Condition 6(a)):
23 March 2020.
3

9.
Interest Basis (Condition 5)):
Fixed Rate (Condition 5(a)) (further particulars
specified in paragraph 16 below).
10. Redemption/Payment Basis
(Condition 6(a)):
Redemption at par.
11. Change of Interest or
Redemption/Payment Basis:
Not applicable.
12. Put/Call Options (Conditions 6(e)
and (f)):
Not applicable.
13. Status of the Notes (Condition 3):
Senior.
14. Listing:
Luxembourg Stock Exchange.
15. Method of distribution:
Syndicated.
Provisions Relating to Interest Payable
16. Fixed Rate Note Provisions
(Condition 5(a)):
Applicable.
(i)
Rate(s) of Interest:
1.375 per cent. per annum, payable semi-
annually in arrear.
(ii)
Interest Payment Date(s):
23 March and 23 September of each year,
commencing on 23 March 2013 up to and
including the Maturity Date.
(iii) Fixed Coupon Amount(s):
U.S.$6.875 per Specified Denomination,
payable on each Interest Payment Date except
for the first Interest Payment Date on 23
March 2013, which is subject to the Broken
Amount per paragraph 16(iv) below.
(iv)
Broken Amount(s):
$2.292 per Specified Denomination.
(v)
Relevant Financial Center:
New York.
(vi)
Additional Business Center(s)
(Condition 5(d)):
Not applicable.
(vii) Day Count Fraction (Condition
5(d)): 30/360.
(viii) Determination Date(s):
Not applicable.
4

(ix)
Other terms relating to the

method of calculating interest

for Fixed Rate Notes:
No Calculation Period shall be adjusted in the
event that the first day or last day of such
period falls on a day that is not a Business Day.
The last paragraph of Condition 5(a) shall be
replaced in its entirety by the following:
"Interest will cease to accrue on each Fixed
Rate Note on the Maturity Date unless, upon
due presentation thereof, payment of principal
is improperly withheld or refused, in which
event interest will continue to accrue at the
specified Rate of Interest up to but excluding
the earlier of (i) the date on which actual
payment of principal is made, or (ii) the 15th
calendar day following the receipt of such
payment of principal by the Paying Agent."
17. Floating Rate Note Provisions
(Condition 5(b)):
Not applicable.
18. Zero Coupon/Deep Discount Note
Provisions (Conditions 5(c) and 6(c)):
Not applicable.
19. Index-Linked Interest Note Provisions: Not applicable.
20. Dual Currency Note Provisions:
Not applicable.
Provisions Relating to Redemption
21. Call Option (Condition 6(e)):
Not applicable.
22. Put Option (Condition 6(f)):
Not applicable.
23. Final Redemption Amount:
Aggregate Nominal Amount.
(i)
Alternative Payment
Mechanism (Conditions 7(a)
and (c)):
Not applicable.
(ii)
Long Maturity Note (Condition
7(f)): Not
applicable.
(iii) Variable Redemption Amount
(Condition 6(d)):
Not applicable.
5

24. Early Redemption Amount:

(i)
Early Redemption Amount(s)
payable on an Event of Default
(Condition 9) and/or the method
of calculating the same (if
required or if different from that
set out in the Conditions):
As set out in the Conditions.
(ii)
Unmatured Coupons to become
void (Condition 7(f)):
Not applicable.
Additional General Provisions Applicable to the Notes
25. Form of Notes:
Book-Entry Notes available on Issue Date.
26. Talons for future Coupons to be

attached to definitive Bearer Notes (and
dates on which such Talons mature):
Not applicable.
27. Details relating to Partly Paid Notes:
amount of each payment comprising
the Issue Price and date on which each
payment is to be made and
consequences (if any) of failure to pay,
including any right of ADB to forfeit
the Notes and interest due on late
payment:
Not applicable.
28. Details relating to Installment Notes:
Not applicable.
29. Redenomination, renominalization and
reconventioning provisions:
Not applicable.
30. Consolidation provisions:
Not applicable.
31. Other terms or special conditions:

(i) Payment Dates:
If any date for payment of any principal or
interest in respect of the Notes is not a
Business Day, ADB shall not be obliged to
pay such principal or interest until the first
following day that is a Business Day and shall
not be obliged to pay any interest or other
payment in respect of such postponed
payment.
6

Distribution
32. (i)
If syndicated, names of
Goldman Sachs International
Managers:
Morgan Stanley & Co. International plc
RBC Capital Markets, LLC
BNP Paribas
Citigroup Global Markets Inc.
Daiwa Capital Markets Europe Limited
SMBC Nikko Capital Markets Limited
TD Securities (USA) LLC

(ii)
Stabilizing Manager (if any):
Not applicable.
(iii) Commissions
and

Concessions:
0.150 per cent.
33. If non-syndicated, name of Dealer:
Not applicable.
34. Additional selling restrictions:
Not applicable.
Operational Information

35. (i) ISIN:

US045167CF88.
(ii) CUSIP:
045167 CF8.
(iii) CINS:
Not applicable.
(iv) Other:

Not applicable.
36. Common Code:
087758834.
37. Any clearing system(s) other than
Euroclear, Clearstream, Luxembourg
and DTC and the relevant identification
number(s):
Federal Reserve Book-Entry System.
38. Delivery:
Delivery against payment.
39. Additional Paying Agent(s) (if any):
Not applicable.
40. Governing Law:
New York.

Listing Application
This Pricing Supplement comprises the details required to list the issue of Notes
described herein pursuant to the listing of the Global Medium-Term Note Program of ADB.

7

Material Adverse Change Statement
There has been no material adverse change in the financial position or prospects
of ADB since the date of the financial statements included in the Information Statement of ADB,
which was most recently published on 15 June 2012.
Recent Developments
Effective 2 January 2013, ADB's Board of Directors appointed Bruce Davis as
Vice-President for Administration and Corporate Management. Further, effective the same date,
Thierry de Longuemar is redesignated as Vice-President for Finance and Risk Management.
Responsibility
ADB accepts responsibility for the information contained in this Pricing
Supplement which, when read together with the Prospectus referred to above, contains all
information that is material in the context of the issue of the Notes.
ASIAN DEVELOPMENT BANK

By:

Name:
Title:

8

ISSUER
Asian Development Bank
6 ADB Avenue
Mandaluyong City
1550 Metro Manila
Philippines
FISCAL AGENT
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045
LUXEMBOURG LISTING AGENT
BNP Paribas Securities Services, Luxembourg Branch
33, rue de Gasperich, Howald-Hesperange
L-2085 Luxembourg
LEGAL ADVISERS TO THE DEALERS
Cleary Gottlieb Steen & Hamilton LLP
One Liberty Plaza
New York, NY 10006
AUDITORS
Deloitte & Touche LLP
6 Shenton Way #32-00
DBS Building Tower Two
Singapore 068809