IDB announces winner of the 2019 Superheroes of Development Award

Monday, September 16, 2019 - 17:37
The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras. WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.

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.

Inter-American Development Bank to hold 60th anniversary celebration in Washington DC

Wednesday, August 28, 2019 - 15:50
The Inter-American Development Bank will celebrate its 60th anniversary in Washington DC, with a series of events featuring heads of state and leaders from the public and private sectors.

IDB and Agitos Foundation extend project to strengthen Para sport and social inclusion

Tuesday, August 27, 2019 - 10:34
New phase of ‘En sus marcas, listos… inclusión” will benefit communities in Chile, Argentina, Colombia, and Dominican Republic. Paralympic sport is a key tool in the socioeconomic inclusion of people with disabilities. That’s why the Inter-American Development Bank (IDB) and the Agitos Foundation have launched a new project during the Lima 2019 Parapan American Games which aims to continue the previous work with the ‘En sus marcas, listos… Inclusión’ initiative. 

Optimal sanitation: Focus on the Americas at World Water Week 2019

Monday, August 26, 2019 - 18:08
The Inter-American Development Bank is coordinating the Focus on the Americas sessions during World Water Week in Sweden’s capital, with a focus on adopting a new paradigm to close the gap in secure sanitation services in the region. STOCKHOLM, Sweden – Providing safe sanitation for all in Latin America requires not only significant investments, but a change of paradigm to be able to do more with less resources. Right now, only 22% to the population of Latin America and the Caribbean have access to those services.

IDB Annual Meeting Concludes with Institutional Strategy Update

Wednesday, July 17, 2019 - 17:54
• IDB estimates annual gap in development financing for Latin America and the Caribbean is US$650 billion. • Region’s private sector, crisis in Venezuela and macroeconomic challenges among topics of discussion. GUAYAQUIL, Ecuador – The 60th Annual Meeting of the Inter-American Development Bank (IDB) and IDB Invest concluded today in Guayaquil, Ecuador, with the approval of an updated institutional strategy for 2020-2023 that is intended to increase resource mobilization.

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 announces the finalists for the Superheroes of Development Award

Thursday, July 11, 2019 - 18:59
The Inter-American Development Bank (IDB) today announced the eight finalists for the second edition of its Superheroes of Development Award, which recognizes the innovative solutions devised and valuable lessons learned by executing agencies while implementing development projects in Latin America and the Caribbean.

IDB Annual Meeting to review private sector, economic issues

Tuesday, July 9, 2019 - 16:49
Economic and financial leaders of the 48 member countries of the Inter-American Development Bank Group will discuss the development challenges and opportunities in Latin America and the Caribbean in the Annual Meeting that will take place in Guayaquil, Ecuador, on July 16 and 17.

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.