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 (“SDB”) denominated in Australian Dollar, to support IDB’s mission to improve lives in Latin America and the Caribbean in a sustainable, climate friendly manner.
Taiju Life Insurance Company is the sole investor of the bond with SMBC Nikko Capital Market Ltd. being the arranger. Through this bond issuance, the IDB raises awareness for Sustainable Development Goal #15 - Life on Land, including the protection, restoration, and sustainable management of forests.
| Issuer: | Inter-American Development Bank (Ticker: IADB) |
| Issuer rating: | Aaa / AAA (Moody’s / S&P) |
| Amount: | AUD 40,000,000 |
| Settlement date: | June 21, 2024 |
| Coupon payment dates: | June 21 and December 21 (semi-annual) |
| Maturity date: | June 21, 2039 |
| Clearing systems: | Euroclear, Clearstream |
| Lead managers: | SMBC Nikko Capital Markets Ltd. |
| ISIN: | XS2839031924 / 283903192 |
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. Take our virtual tour.
Mena Duran,Melissa
Sustainable Development Bonds (SDB)