Study analyzes challenges faced by Central America as it seeks sustainable development

Friday, July 19, 2019 - 09:40
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w

IDB launches dual tranche $1 billion 2-Yr and $1.5 billion 7-Year fixed rate global bonds

Wednesday, July 17, 2019 - 17:38
The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s/S&P), today priced a new dual tranche $1 billion 1.875% 2-year and $1.5 billion 2.000% 7-year fixed rate global bond. The 2-year note pays a semi-annual coupon of 1.875%, matures on 23 July 2021 and priced with a spread of 3bps over mid-swaps and 5.75bps over the UST 1.625% due June 2021, which represents a yield of 1.924% s.a.

IDB Issues New Education, Youth, and Employment (EYE) Uridashi Bonds for Naito Securities

Monday, July 8, 2019 - 16:33
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA, has priced two Uridashi zero coupon notes for Naito Securities under its Education, Youth and Employment (EYE) Bond Program.

WeXchange 2019 Pitch Competition is now open for women entrepreneurs

Tuesday, June 25, 2019 - 15:48
The Pitch Competition, open to high-growth women entrepreneurs in Latin America and the Caribbean, is organized by IDB Lab and Angel Ventures. The deadline for application is July 31.

IDB and SmartFilms® Cell-Phone Film Festival Launch Citizen-Security Category

Monday, June 17, 2019 - 23:58
Contest seeks short films on crime prevention and citizen security in Latin America and the Caribbean by young people and professionals  The Inter-American Development Bank (IDB) and the SmartFilms® Film Festival today launched a new citizen-security contest category and is calling for submissions on the theme “I am not afraid to enjoy my city.”

IDB launches US$2.1 billion 2.250% 10-year Fixed Rate Global

Wednesday, June 12, 2019 - 16:54
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P),priced a new US$2.1 billion 10-year global bond. The transaction pays a semi-annual coupon of 2.250% and matures on 18 June 2029. Priced with a spread of 12.25 basis points over the UST 2.375% May-29, this represents a yield of 2.270%.

60th Annual Meeting of IDB Group to Convene Economic Leaders

Tuesday, June 4, 2019 - 14:58
The Inter-American Development Bank (IDB) Group will hold its Annual Meeting in Guayaquil, Ecuador from July 16 to 17. The economic and financial leaders of its 48 member countries will discuss current challenges and opportunities for development in the region. The Annual Meeting is the 60th annual gathering of the Board of Governors of the IDB Group, the institution’s main decision-making body. The Board is primarily composed of finance ministers, economics ministers, and central bank presidents.

Nearly 1,400 indigenous entrepreneurs in Panama to boost revenue with support from IDB

Monday, May 20, 2019 - 11:28
A USD43 MILLION OPERATION WILL IMPROVE ACCESS TO FINANCING, INVESTMENT IN PRODUCTIVE INFRASTRUCTURE AND TECHNICAL ASSISTANCE The Inter-American Development Bank has approved a USD40 million loan to Panama, complemented by a local contribution of USD3 million, to implement an ambitious program financial inclusion and indigenous entrepreneurship in the country's 12 indigenous regions.

IDB launches innovative territorial approach to address development challenges

Thursday, May 9, 2019 - 14:38
A study entitled “Honduras: a territorial approach to development” presents for the first time a spatial economic strategy that redefines the traditional national model so as to achieve greater and more inclusive economic growth. As it marks its 60th anniversary, the Inter-American Development Bank (IDB) has presented the study "Honduras: a territorial approach to development”, which makes an innovative proposal to confront the country’s development challenges and fu

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

Tuesday, May 7, 2019 - 13:22
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.