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

Tuesday, September 10, 2019 - 17:32
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.

Study analyzes challenges faced by Central America as it seeks sustainable development

Friday, July 19, 2019 - 09:40
A new publication uses analysis of trade, investment, migration, the financial sector, raw materials, and natural resources to propose policy options The Inter-American Development Bank and the Latin American Center for Competitiveness and Sustainable Development (CLACDS) of INCAE Business School have presented in San Jose, Costa Rica, a book entitled “The Future of Central America: Challenges for Sustainable Development”,  w

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

Wednesday, July 17, 2019 - 17:38
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

Monday, July 8, 2019 - 16:33
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.

IDB launches US$2.1 billion 2.250% 10-year Fixed Rate Global

Wednesday, June 12, 2019 - 16:54
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P),priced a new US$2.1 billion 10-year global bond. The transaction pays a semi-annual coupon of 2.250% and matures on 18 June 2029. Priced with a spread of 12.25 basis points over the UST 2.375% May-29, this represents a yield of 2.270%.

60th Annual Meeting of IDB Group to Convene Economic Leaders

Tuesday, June 4, 2019 - 14:58
The Inter-American Development Bank (IDB) Group will hold its Annual Meeting in Guayaquil, Ecuador from July 16 to 17. The economic and financial leaders of its 48 member countries will discuss current challenges and opportunities for development in the region. The Annual Meeting is the 60th annual gathering of the Board of Governors of the IDB Group, the institution’s main decision-making body. The Board is primarily composed of finance ministers, economics ministers, and central bank presidents.

IDB launches innovative territorial approach to address development challenges

Thursday, May 9, 2019 - 14:38
A study entitled “Honduras: a territorial approach to development” presents for the first time a spatial economic strategy that redefines the traditional national model so as to achieve greater and more inclusive economic growth. As it marks its 60th anniversary, the Inter-American Development Bank (IDB) has presented the study "Honduras: a territorial approach to development”, which makes an innovative proposal to confront the country’s development challenges and fu

IDB Launches GBP 500 Million 1.250% Benchmark Due December 2025

Thursday, May 2, 2019 - 15:27
The transaction pays an annual coupon of 1.250% and matures on 15 December 2025. It priced with a spread of 40 basis points over the 2.000% UKT due September 2025, which represents a reoffer yield of 1.305% annually.

Inter-American Development Bank Prices AUD 500 Million 5-Year ‘EYE’ Bond

Monday, April 15, 2019 - 13:07
The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s/S&P), priced a new AUD500 million 5-year fixed rate Kangaroo offering under the Education, Youth, and Employment (“EYE”) Bond program...

Inter-American Development Bank Group to hold Annual Meeting in Chengdu, China

Thursday, December 20, 2018 - 16:50
Online media registration is available for March 26-31 gathering of Latin American and Caribbean leaders Spotlight on small and mid-sized firms, green financing, sustainable infrastructure investing The Inter-American Development Bank Group will hold its Annual Meeting in Chengdu, China, on March 26-31.