LONDON - The Asian Infrastructure Investment Bank (AIIB) has initiated a pre-stabilization period for its new USD 1 billion bond due May 21, 2035, with a semi-annual coupon rate of 4.50%.

The bond, which carries a semi-annual coupon of 4.5%, is set to mature on May 21, 2035, with an offer price of 99.166. Nomura International Plc, ...