IDB launches new 7-year fixed rate global bond

September 10, 2020
Washington, D.C. – The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $1.5 billion 7-year fixed rate global benchmark. The transaction pays a semi-annual coupon of 0.625% and matures on September 16, 2027. It was priced with a spread of 17.55 basis points over the 0.500% UST due August 31, 2027, which translates to a semi-annual yield of 0.651%.
2020-09-10

IDB launches new 5-Year Sustainable Development Bond (“SDB”)

September 01, 2020
Proceeds from CAD600 million transaction will finance IDB projects aligned with the Sustainable Development Goal on climate action (SDG 13) Washington, D.C. – The Inter-American Development Bank (IDB or IADB), rated Aaa/AAA (Moody’s/S&P), priced a new CAD600 million 5-year fixed rate Global Sustainable Development Bond to support the funding of the Sustainable Development Goals (SDGs) under the sustainable development bond program.
2020-09-01

IDB launches $2.5 Billion 0.250% Long 3-year Fixed Rate Global

August 27, 2020
Washington, D.C. – The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $2.5 billion Long 3-year global benchmark. The transaction pays a semi-annual coupon of 0.250% and matures on November 15, 2023. It was priced with a spread of 5 basis points over mid-swaps, which equates to 11.4 basis points over the 0.125% UST due August, 2023 and carries a semi-annual yield of 0.300%.
2020-08-27

IDB Launches CAD 500 Million 0.875% 7-year Fixed Rate Global Sustainable Development Bond

August 18, 2020
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced last week a new CAD 500 million 7-year Global Sustainable Development Bond raising awareness for the United Nations’ Sustainable Development Goal #3: Good Health and Well-being. The transaction pays a semi-annual coupon of 0.875% and matures on 27 August 2027. It priced with a spread of 50.7 basis points over the 1.00% CAN due 1 June 2027, which represents a yield of 0.965% s.a.
2020-08-18

IDB, CAF, FONPLATA launch alliance for regional integration

August 03, 2020
The Inter-American Development Bank (IDB), CAF –development bank of Latin America–, and FONPLATA announced the launching of their Alliance for the Integration and Development of Latin America and the Caribbean (ILAT) to provide technical and financial support to integration projects and generate knowledge and applied technology.
2020-08-03

IDB Launches New 10-year fixed rate Australian Dollar Sustainable Development Bond

July 16, 2020
Highlighting Sustainable Development Goal # 11— Sustainable Cities and Communities The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA, priced a new 10-year fixed rate Sustainable Development Bond (“SDB”) focused on SDG#11 (Sustainable Cities and Communities) in Australian Dollar (AUD) valued in 140 million, equivalent to US$97 million. Nippon Life Insurance Company is the sole investor of the bond with Credit Agricole CIB being the arranger.
2020-07-16

IDB Partners with Bahamas to Launch New Oil Hedging Solution For BPL

July 15, 2020
The Inter-American Development Bank has partnered with The Bahamas for a new oil hedging instrument to protect government budget and better manage financial risks in uncertain times. The agreement will secure an affordable crude oil coverage solution during times of low prices for the government’s Bahamas Power and Light electricity company. This is the first time the IDB and Bahamas are using such an instrument. It will better position the country against abrupt oil price movements and offers protection against increases in electricity costs over the next 18 months.
2020-07-15

IDB Launches Australian Dollar Sustainable Development Bond (SDB)

June 12, 2020
Highlighting Sustainable Development Goal #3—Good Health and Well-Being. The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 10-year fixed rate Sustainable Development Bond (“SDB”) focused on SDG#3 (Good Health and Well Being) in Australian Dollar (AUD) valued in 50 million, equivalent to $33.26 million. Mitsui Sumitomo Aioi Life Insurance Company, Limited is the sole investor of the bond with Daiwa Capital Markets America Inc. being the arranger.
2020-06-12

IDB launches $4 Billion 0.625% 5-year Fixed Rate Global

June 09, 2020
Washington, D.C. – The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $4 billion 5-year global benchmark. The transaction pays a semi-annual coupon of 0.625% and matures on July 15 2025. It was priced with a spread of 17 basis points over mid-swaps, which equates to 22.4 basis points over 0.250% UST due May 2025 and carries a semi-annual yield of 0.631%.
2020-06-09

IDB expands coverage for COVID-19 and public health risks in contingent loans

June 09, 2020
The Inter-American Development Bank (IDB) is expanding the risks covered under the Contingent Credit Facility for Natural Disaster Emergencies (CCF) to include public health risks and COVID-19.
2020-06-09