Improving lives in Latin American and the Caribbean countries by supporting efforts to reduce poverty and inequality in a sustainable, climate friendly way.
The Inter-American Development Bank is the leading provider of development financing to Latin American and the Caribbean. The IDB is owned by its 48 member countries.
The Bank finances its operations by issuing bonds in international capital markets. Since 1962, the Bank has held the highest possible triple-A credit rating. Its financial strength is based on its solid capital base, its conservative investment and lending policies as well as its financial performance and the backing from its member countries.
The Bank offers a wide range of investment options and aims to expand its investor base. The Bank’s bonds have been bought by investors in several regions of the world, including North America, Asia and Europe.
Recent updates for IDB investors.
With this bond the IDB raises awareness for the SDG 13 – Climate Action, including projects supporting forest protection.
The success of this financing highlights the quality of IDB’s credit, as well as the globally diverse and resilient investor base.
Recent updates for IDB Investors.
The transaction was well received by investors, highlighted by the quality and size of the order book.
The transaction pays an annual coupon of 2.500% and matures on 22nd July 2027.
This trade showcased IDB’s resilience despite some volatility in broader rates markets, marking the first new GBP benchmark from a supranational in many weeks.
The transaction pays a quarterly coupon of SOFR+28bps and matures on April 12th, 2027. The new benchmark was priced at a discount margin of 28 basis points over the Compounded SOFR Index.
The transaction marks IDB’s second Kangaroo ‘EYE’ bond issuance, the proceeds of which will be directed to fund IDB project loans eligible under the EYE Bond program criteria.