
Capital Management
Financial strength & sustainability
CGIF’s capital management framework ensures long-term sustainability, supports its guarantee capacity, and strengthens investor confidence. As a trust fund of the Asian Development Bank (ADB), CGIF operates with prudence and accountability while maximizing impact across the ASEAN+3 bond markets.
Capitalization Overview
Building a Strong Capital Base
CGIF was initially capitalized at USD 700 million by its contributors, including ASEAN+3 governments and ADB. As of August 2023, CGIF’s capitalization has grown to USD 1.158 billion through the successful implementation of its Capital Increase Plan.
$700M
Initial Capitalization at Establishment
$1.16B
Total Amount Guaranteed
13
ASEAN+3 Member Governments as Contributors
01
Trust Fund under the Asian Development Bank
Contributors and Capital Composition
Backed by Regional Commitment
The Meeting of Contributors is the highest decision-making organ of CGIF. Specific powers of the Meeting of Contributors are stated in the Articles of Agreement of CGIF. The Meeting of Contributors formally meets within five months after the end of each Fiscal Year.
Financial & Risk Transparency
Reports that strengthen confidence
Explore CGIF’s published reports showcasing its capital adequacy, risk management discipline, and guarantee performance. These documents reflect our ongoing commitment to transparency and responsible capital stewardship.

