The Asian Infrastructure Investment Bank (AIIB) has established a USD 500 million fund to be used for corporate bonds to finance infrastructure-related investments, in a bid to boost private capital into the sector.

The goal of the fund is to help develop infrastructure as an asset class, grow debt capital markets for infrastructure and promote investments with a focus on environmental, social and governance (ESG) issues in Asia, according to the China-backed multilateral lender.

Find out more in this Business Times article.