IDB Launches $3 Billion 5-Year Fixed Rate Global

Wednesday, September 13, 2017 - 03:00
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3 billion 5-year global bond. The transaction pays a semi-annual coupon of 1.750 percent and matures on September 14, 2022. Priced with a spread of +20.35 basis points over the UST 1.625 percent August 2022, this represents a yield of 1.824 percent s.a.

Fintech companies preview big innovations and changes in financial markets in Latin America

Thursday, August 10, 2017 - 03:00
Wave of new financial companies bring innovative instruments and business models, seeking to reach segments not served by the traditional financial industry, but present a challenge for regulatory systems In the past two years Latin America has experienced a rapid emergence of new financial companies based on technological platforms, known as Fintech, which signals a profound change in the financial markets but at the same time presents a challenge to regulators, according to a study by the Inter-American Development Bank (IDB) and Finnovista, an organiz

Colombia issues its first green bond in the local market for 200 billion pesos with the support of the IDB

Wednesday, August 9, 2017 - 17:29
Proceeds will be used by Bancoldex to finance projects that mitigate the impact of climate change and improve the environmental performance of Colombian companies. BOGOTÁ, Colombia- Banco de Comercio Exterior de Colombia SA, Bancóldex, with the support of the Inter-American Development Bank (IDB), today issued the country's first greenbond available through the Colombian Stock Exchange (BVC, Bolsa de Valores de Colombia) for 200 billion pesos to fund projects that help mitigate climate change impacts.

IDB launches $2.3 billion 2.375% 10-Year fixed-rate global bond

Thursday, June 29, 2017 - 03:00
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $2.3 billion 10-year global bond on June 28, 2017. The transaction pays a semi-annual coupon of 2.375% and matures on July 7, 2027. Priced with a spread of +21.3 basis points over the UST due 2.375% due 05/2027, this represents a yield of 2.429% s.a.

Colombia pushes forward financial system reforms with $450 million IDB loan

Wednesday, June 7, 2017 - 03:00
The Inter-American Development Bank (IDB) has approved the second phase of an operation to support financial system reforms aimed at boosting up Colombia's economic growth. The loan is for $450 million.

IDB launches its largest US dollar global bond

Wednesday, April 5, 2017 - 19:31
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), today priced a new $3.75 billion 3-year global bond. The transaction pays a semi-annual coupon of 1.625 percent and matures on May 12, 2020. Priced with a spread of +23.75 basis points over the UST 1.625 percent March 2020, this represents a yield of 1.704 percent s.a.

Lowering fiscal and external vulnerability the key to promoting growth in Central America and the Dominican Republic

Thursday, February 9, 2017 - 03:00
Regional IDB Governors meet in Washington to analyze economic prospects for 2017 The modest recovery in the United States and continuing favorable financial conditions in 2017 will also represent sources of economic stimulus throughout the year for the countries of Central America and the Dominican Republic, which will translate into growth of around 3.9 percent in 2017. Internal financial and monetary reforms should ensure price stability and the health of the banking system.

Paraguay to finance construction and access to housing with IDB support

Wednesday, December 7, 2016 - 17:37
Plan will broaden housing loans for the emerging middle class and finance developers of multi-family projects Paraguay will facilitate financing for construction and access to housing with the help of a $30 million loan approved by the Inter-American Development Bank (IDB).

El Salvador will improve tax and customs management with IDB support

Wednesday, December 7, 2016 - 03:00
$30 million credit will improve the efficiency of filing tax returns and promote the use of electronic customs invoices El Salvador will improve levels of tax collection and customs management standards and strengthen the Vice Ministry of Revenue with a $30 million Inter-American Development Bank (IDB) loan.

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

Tuesday, December 6, 2016 - 03:00
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.