Moodys Investors Service Inc said it assigned a top-flight Aaa rating to African Development Banks 15 billion yen senior Samurai bond due 2002 issued in Tokyo. The rating reflects the support provided by the callable capital of non-borrowing member countries which include the U.S. Japan Canada West Germany and several other European nations. Moodys said that African Development Banks sound lending borrowing and liquidity policies also support the top rating grade.
MOODY'S RATES ADB'S SENIOR SAMURAI BONDS AAA