IDB issues new Climate Action 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 launches coalition to promote cross-cutting skills in the 21st century

October 21, 2019
Today, the Inter-American Development Bank (IDB), together with 22 partners from the public and private sector, announced the launch of a 21st century skills coalition that will support the implementation of a new generation of education and training policies in Latin America and the Caribbean. This coalition will provide more than US$34.7 million in funding to support projects that will promote these skills among children and youth in the region.

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”). 

IDB launches inaugural Sustainable Development Bond (“SDB”)

September 30, 2019
Proceeds from CAD600 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 CAD600 million 5-year fixed rate l Sustainable Development Bond (“SDB”).

IDB launches inaugural $600 million 3-year SOFR linked bonds

September 10, 2019
The Inter-American Development Bank (“IADB” or “IDB”), Aaa/AAA (Moody’s/S&P), today priced their inaugural $600 million 3-year SOFR-linked floating rate global bond due 16th September 2022. The issue priced at par, with a coupon equivalent to SOFR + 26bps. This will be calculated using a five-day observation lag on compounded daily SOFR, with no lockout.

Coding bootcamps as a response to the shortage of digital talent in Latin America

August 05, 2019
A new publication of the Inter-American Development Bank (IDB) entitled “Disrupting Talent: The Emergence of Coding Bootcamps and the Future of Digital Skills”, explores the potential of bootcamps as a fast and effective alternative to solve the shortage of digital talent in Latin America and the Caribbean.

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

July 17, 2019
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

July 08, 2019
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.

Members of international community discuss collaboration in support of Venezuela

July 08, 2019
Representatives of cooperation agencies, along with directors and counselors of the Inter-American Development Bank’s (IDB) member countries, met this morning with the Bank's administration at the institution's headquarters to discuss possible areas of collaboration in support of Venezuela. During the meeting, IDB specialists presented an analysis of the macroeconomic outlook and the main development challenges facing Venezuela.