The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 15-year fixed rate Sustainable Development Bond in Australian Dollar to support IDB’s strategic priorities to reduce poverty and inequality in Latin America and the Caribbean in a sustainable and climate friendly manner.
Taiju Life Insurance Company is the sole investor of the bond with Citigroup Global Markets Limited being the arranger. With this bond the IDB raises awareness for the Sustainable Development Goals and reinforces its commitment to mainstream gender equality for a faster and more lasting economic recovery of the region.
| Issuer: | Inter-American Development Bank (Ticker IADB) |
| Issuer rating: | Aaa / AAA (Moody’s / S&P) |
| Amount: | AUD 16,000,000 |
| Settlement date: | 10 February 2022 |
| Coupon: | 2.56% |
| Coupon payment dates: | 10 February and 10 August (semi-annual) |
| Maturity date: | 10 February 2037 |
| Clearing systems: | Euroclear, Clearstream |
| Lead manager: | Citigroup Global Markets Limited |
| ISIN / CUSIP: | XS2436891985 / 243689198 |
About the IDB
The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.
Information on bonds for Investors is available on the IDB website: https://www.iadb.org/investors
Fan,Laura Emily
