AIIB 2025 Funding Program Completion: Bolstering Investment for Sustainable Development Goals

Executive Summary

The Asian Infrastructure Investment Bank (AIIB) has concluded its 2025 public funding program with the successful issuance of a 3-year, USD 2 billion benchmark bond. The proceeds are integral to financing the Bank’s mission of “Infrastructure for Tomorrow,” directly contributing to the achievement of multiple United Nations Sustainable Development Goals (SDGs). The robust investor demand, evidenced by an order book exceeding USD 6.2 billion, highlights global confidence in AIIB’s mandate to foster sustainable economic development and regional connectivity.

Transaction and Funding Program Overview

The final issuance of 2025 completes 95 percent of the Bank’s annual program, bringing the total funding for the year to USD 9.5 billion. This was the third USD benchmark issued in 2025, a strategic action to strengthen AIIB’s USD curve and ensure liquidity for its development financing operations, which are crucial for advancing the SDGs.

• Issue Amount: USD 2,000,000,000
• Pricing Date: 3 September 2025
• Maturity Date: 15 September 2028
• Coupon: 3.625%
• Re-offer Spread: +31 basis points vs mid swaps
• Total 2025 Funding: USD 9.5 billion across nine benchmark issuances in seven currencies

Investor Confidence and Global Partnership (SDG 17)

The transaction attracted significant global participation, reflecting broad-based support for AIIB’s mission. This diverse investor base is a testament to the strong partnerships (SDG 17: Partnerships for the Goals) the Bank has cultivated to mobilize capital for sustainable development projects.

1. Investor Participation: Over 110 investors contributed to an order book in excess of USD 6.2 billion.
2. Distribution by Investor Type:
   • Central Banks/Official Institutions: 59%
   • Bank Treasuries: 30%
   • Asset Managers/Pension Funds: 11%
3. Distribution by Region:
   • EMEA: 44%
   • Americas: 30%
   • APAC: 26%

Strategic Alignment with Sustainable Development Goals (SDGs)

AIIB’s core mandate is to finance “Infrastructure for Tomorrow,” with sustainability as a central pillar. The capital raised through these funding programs is directly channeled into projects that advance the 2030 Agenda for Sustainable Development. Key areas of impact include:

• SDG 9: Industry, Innovation, and Infrastructure: The primary focus of AIIB’s investments is on building resilient, sustainable, and inclusive infrastructure, which is the cornerstone of this goal.
• SDG 7: Affordable and Clean Energy: Financing is directed towards renewable energy projects and improving energy efficiency, ensuring access to modern and sustainable energy for all.
• SDG 11: Sustainable Cities and Communities: Investments support the development of sustainable transport, water management, and digital infrastructure in urban and rural areas.
• SDG 13: Climate Action: AIIB prioritizes green infrastructure projects that contribute to climate change mitigation and adaptation, aligning its portfolio with global climate objectives.
• SDG 8: Decent Work and Economic Growth: By investing in infrastructure, AIIB fosters job creation, enhances regional connectivity, and promotes sustained, inclusive economic growth.

Conclusion

The successful completion of the 2025 funding program equips the AIIB with substantial capital to pursue its mission. The strong market reception validates the Bank’s strategy and its role as a key multilateral development bank dedicated to financing sustainable infrastructure. These funds will be instrumental in helping member countries build a more prosperous and sustainable future in line with the Sustainable Development Goals.

Analysis of the Article in Relation to Sustainable Development Goals

1. Which SDGs are addressed or connected to the issues highlighted in the article?

SDG 9: Industry, Innovation and Infrastructure

• The article is about the Asian Infrastructure Investment Bank (AIIB), whose core mission is explicitly stated as financing “Infrastructure for Tomorrow.” This directly aligns with the focus of SDG 9 on building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation.

SDG 17: Partnerships for the Goals

• The article details a major financial transaction involving a multilateral development bank (AIIB), global investors, and lead managers. This is a clear example of a global partnership to mobilize financial resources for sustainable development. The text mentions AIIB “collaborates with partners to mobilize capital” and has “110 approved members worldwide,” which embodies the spirit of SDG 17.

SDG 8: Decent Work and Economic Growth

• The AIIB’s mission is to “foster sustainable economic development.” Investment in infrastructure is a primary driver of economic growth, which is the central theme of SDG 8.

2. What specific targets under those SDGs can be identified based on the article’s content?

Target 9.1

• Target 9.1: Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all.
• The article states that AIIB is “dedicated to financing ‘Infrastructure for Tomorrow,’ with sustainability at its core” and aims to “enhance regional connectivity.” The entire purpose of the USD 2 billion bond issuance is to raise funds for these infrastructure investments, directly supporting the development described in this target.

Target 17.3

• Target 17.3: Mobilize additional financial resources for developing countries from multiple sources.
• The article is a direct report on the successful mobilization of financial resources. It details how the AIIB, a multilateral development bank, issued a “USD2 billion transaction” that “attracted an order book in excess of USD6.2 billion from more than 110 investors.” This action is a textbook example of mobilizing capital from global investors to fund development projects, as called for in Target 17.3.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

Indicators for Target 9.1

• While the article does not mention specific infrastructure projects, it provides financial metrics that serve as proxy indicators for investment in infrastructure. The “USD2 billion” raised from this specific bond and the “year to date funding to USD9.5 billion” are direct measures of the financial commitment towards developing infrastructure.

Indicators for Target 17.3

• The article is rich with data that can be used as indicators for measuring resource mobilization. These include:
  • Total funds mobilized: The “USD2 billion” from the bond issuance.
  • Investor demand: The “order book in excess of USD6.2 billion” shows strong global interest in funding these initiatives.
  • Breadth of partnership: The participation of “more than 110 investors” from diverse regions (“EMEA 44%”, “Americas 30%”, “APAC 26%”) indicates a broad and successful mobilization effort.
  • Institutional capacity: The bank’s total capitalization of “USD100 billion” is an indicator of its scale and capacity to mobilize and deploy resources for development.

4. Summary Table of SDGs, Targets, and Indicators

Source: aiib.org