Ecuador issues world's first Sovereign Social Bond, with the support of an IDB guarantee

January 16, 2020
The issuance of $400 million will provide access to housing for more than 24,000 families and will mobilize approximately $1.35 billion in investments Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement.

IDB Launches USD 3.0 Billion 1.75% 5-year Fixed Rate Global

January 14, 2020
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), today priced a new USD 3.0 billion 5-year global bond. The transaction pays a semi-annual coupon of 1.750% and matures on 14 March 2025. It priced with a spread of 8.3 basis points over the 1.750% UST due 31 December 2024, which represents a yield of 1.762% s.a.

IDB announces Green Bond Transparency Platform at COP25

December 11, 2019
MADRID, Spain ‒ The Inter-American Development Bank (IDB) announced the creation of the Green Bond Transparency Platform (GBTP), an innovative digital tool that brings greater transparency to the Latin American and Caribbean’s green bond market. The announcement was made at an event hosted by the IDB during the United Nations Climate Change Conference (COP25), under the presidency of Chile, in Madrid, Spain.

IDB announces 12 shortlisted proposals of the Orange Innovation challenge

October 09, 2019
The Inter-American Development Bank (IDB) announced the 12 shortlisted proposals of the first edition of the Challenge: Orange Innovation, which seeks to recognize innovative business models that are using cutting-edge technologies for specific sectors of the Orange Economy.

IDB launches inaugural Colombian Domestic Bond

December 04, 2019
Proceeds from COP 100,000 million transaction will finance IDB projects in Colombia. Washington, D.C. – The Inter-American Development Bank (IDB or IADB), rated Aaa/AAA (Moody’s/S&P), priced a new COP100,000 million 5-year fixed rate Colombian domestic bond. The COP100,000 million issue (equivalent to approximately US$29 million) priced on November 25 and was structured by Credicorp Capital Colombia. The issue was priced at 100 percent (plus on day of accrued interest).

IDB approves project to improve social services in Ecuador

November 27, 2019
Ecuador is the first country to receive funds from the IDB's new Migration Initiative to support countries that take in migrants Ecuador will strengthen its social services in the areas of health, education and social protection for at-risk communities in several high-priority cities following approval of an Inter-American Development Bank project.  It is the first operation approved under a new modality that includes grant money to help cities that take in migrants.

FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB issues new Climate Action Sustainable Development Bond with Okasan Securities

November 01, 2019
Washington, D.C. - The Inter-American Development Bank (”IDB” or “IADB”), rated Aaa/AAA, issued two new MXN deals, 3.5y and 7y respectively under the sustainable development goal (SDG) 13, which promotes climate action. Okasan securities is the distributor of the bond with J.P. Morgan being the sole arranger.

IDB, Germany and Switzerland partner to transform vocational training in LAC

October 18, 2019
Multi-donor fund of US$13 million will accelerate the transformation of technical and vocational education and training in Latin America and the Caribbean. The Inter-American Development Bank (IDB), the Federal Ministry for Economic Cooperation and Development of Germany (BMZ) and the Government of Switzerland, represented by the Swiss Agency for Development and Cooperation (SDC), have launched the TVET Fund, a new multi-donor fund that aims to transform

IDB launches inaugural GBP Sustainable Development Bond (“SDB”)

October 10, 2019
Proceeds from GBP275 million transaction will finance IDB projects aligned with the Sustainable Development Goals Washington, D.C. – The Inter-American Development Bank (IDB or IADB), rated Aaa/AAA (Moody’s/S&P), priced a new GBP275 million 7-year fixed rate l Sustainable Development Bond (“SDB”).