12-Jul-2019 Asian Development Bank

Treasury Department

Indicative Lending Rates for Loans under the LIBOR-Based Loan Facility
& Cap/Collar Premiums for Floating Rate Loans

Floating Rate a b c Fixed Swap Rate a b c

6 month LIBOR/EurIBOR (% per annum)

3 year 5 year 7 year 10 year 15 year 20 year 30 year
USD 2.2624 USD 1.905 1.935 2.024 2.161 2.305 2.374 2.410
JPY (0.0273) JPY (0.065) (0.056) (0.021) 0.060 0.211 0.334 0.426
EURIBOR (0.3290) EURO (0.338) (0.204) (0.049) 0.193 0.496 0.657 0.725

d Foreign Exchange Rates

USD Cap
Strike 5 year 10 year 1 USD = 108.36 JPY
3.00% 0.65% 2.87% 1 EURO = 1.127 USD
4.00% 0.28% 1.50% 1 EURO= 122.07 JPY
5.00% 0.15% 0.87%

EURO Cap d
Strike 5 year 10 year
1.00% 0.25% 2.74%
1.50% 0.15% 1.89%
2.00% 0.09% 1.32%

JPY Cap d
Strike 5 year 10 year
0.50% 0.29% 0.93%
1.00% 0.05% 0.49%
1.50% 0.02% 0.29%

a
The following effective contractual spreads should be added to the above rates:
For all Sovereign LIBOR-Based Loans negotiated on or after 1 January 2014: 0.50% per annum
For Non-Sovereign Loans, the spread will depend on the credit and project risks of the loan.
b
Sovereign and sovereign-guaranteed loans for which loan negatiations are completed on or after 1 April 2012, the following maturity
premium should be added to the above rates:
Average Loan Maturity Maturity Premium (per annum)
Less than or equal to 13 years Nil
Greater than 13 years but up to 16 years 0.10%
Greater than 16 years but up to 19 years 0.20%
(The average loan maturity is subject to a limit of 19 years)
c
LIBORs, EURIBOR, and swap rates are quoted on a two-day lag.
d
Premiums expressed as a percentage of loan principal; data are updated periodically. For inquiries, please email TDCS@adb.org.

DISCLAIMER OF WARRANTY AND LIMITATION OF LIABILITY

The ADB Indicative Lending Rates on ADB's web site is available to users free of charge. The information and data provided are indicative figures and
rates only. Transaction figures in respect of a borrower's particular loan will be advised by ADB as and when required. Although the information provided
on this site is obtained or compiled from sources we believe to be reliable, ADB cannot and does not guarantee the accuracy, validity, timeliness, or
completeness of any information or data made available for any particular purpose.

ADB provides no warranty or undertaking of any kind in respect to the information, data, and materials found on, or through, the ADB Indicative Lending
Rates. ADB accepts no responsibility for the accuracy of the information, data or materials posted to the ADB Indicative Lending Rates or the information
and data contained therein, or for any consequences arising from its use, and does not invite or accept reliance being placed on any materials or
information so provided.