IDB launches $3.75 billion 2.50% 5-year fixed-rate global

Thursday, January 11, 2018 - 11:43
The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s), priced a new $3.75 billion 5-year global bond. The transaction pays a semi-annual coupon of 2.500% and matures on January 18, 2023. It priced with a spread of 15.7 basis points over the 2.125% UST due December 31, 2022, which represents a yield of 2.500% s.a.