Digital Infrastructure Investments Begin to Bear Fruit

November 16, 2020
Peru and Colombia lead the Global Microscope on financial inclusion in a year marked by a major healthcare crisis The countries whose financial sectors have invested in digital financial infrastructure were able to reach out faster to their most needed communities during the pandemic, according to the Global Microscope 2020 on financial inclusion performance.
2020-11-16

IDB Group Analyzes Financial Inclusion in Times of COVID-19

November 10, 2020
Financial inclusion is called to play a fundamental role in the response of Latin America and the Caribbean (LAC) to the COVID-19 crisis. On November 16, IDB Lab, the innovation laboratory of the Inter-American Development Bank and IDB Invest, the private arm of the IDB Group, will bring together experts on the state of financial inclusion in a scenario strongly marked by the disruptions caused by the health emergency.
2020-11-10

IDB launches $500 million long 4-year SOFR Index-linked global bond

October 29, 2020
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $500 million (no-grow) long 4-year benchmark bond linked to the Secured Overnight Financing rate (SOFR) index. The transaction pays a quarterly floating coupon of Compounded SOFR + 25 basis points and matures on February 4, 2025, with a settlement date of November 4, 2020.
2020-10-29

Better Banking Policies Needed to Blunt COVID-19 Impacts in Latin America and Caribbean

September 16, 2020
Expert Recommendations can Guide Policymakers in Preventing Financial Crisis on top of Health, Economic Crisis Better banking policies are needed given the serious challenges financial systems will face from the economic impacts of the COVID-19 health crisis in Latin America and the Caribbean, a new working group report released today finds. The report was co-chaired by the Center for Global Development (CGD) and the Inter-American Development Bank (IDB).
2020-09-16

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

Infrastructure transformation will generate big windfall for Latin America and Caribbean

July 30, 2020
Infrastructure will be key to spur post-pandemic recovery New study shows how smart infrastructure investments benefit poor households the most Flagship report analyzes policy options for infrastructure that bring about climate-friendly reforms and address social expectations A new report by the Inter-American Development Bank charts a course for a massive infrastructure transformation in Latin America and the Caribbean through gains in efficie
2020-07-30

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