IDB Renews its Commitment to Support Migrant Host Countries

May 26, 2020
IDB pledges the availability of US$85 million in grants and expects to leverage US$1.1 billion in investment loans from 2020 and beyond The Inter-American Development Bank announced today that it has renewed its commitment to support Latin American and Caribbean migrants and their host communities amid the COVID-19 pandemic.
2020-05-26

IDB Launches Australian Dollar Sustainable Development Bond (SDB)

May 26, 2020
Highlighting Sustainable Development Goal #3—Good Health and Well-Being The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 10-year fixed rate Sustainable Development Bond (“SDB”) focused on SDG#3 (Good Health and Well Being) in Australian Dollar (AUD) valued in 350 million, equivalent to $226 million. Japan Post Insurance Co., Ltd. is the sole investor of the bond with Wells Fargo Securities LLC being the arranger.
2020-05-26

IDB disburses $25.3 million to support Ecuador’s COVID-19 response

April 16, 2020
Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province  The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus. The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.
2020-04-16

IDB launches its largest Sustainable Development Bond

April 21, 2020
Highlighting Sustainable Development Goal #3—Good Health and Well-Being. Washington, D.C. – The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $4.25 billion 3-year sustainable development bond (“SDB”) global benchmark. 
2020-04-21

IDB approves more funding for Central America and the Dominican Republic to fight COVID-19

April 17, 2020
Initially planned funding of US$1.1 billion surges to US$2.8 billion to confront the coronavirus crisis The Inter-American Development Bank (IDB) has made available to the countries of Central America and the Dominican Republic nearly US$1.7 billion in additional funding for 2020 to confront the COVID-19 pandemic.
2020-04-17

IDB Launches Indonesian Rupiah Sustainable Development Bond (SDB)

April 13, 2020
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 3-year fixed rate Sustainable Development Bond (“SDB”) focused on SDG#3 (Good Health and Well Being) with JP Morgan as sole arranger in Indonesian Rupiah (IDR) valued in 55 billion, equivalent to $3.4 million.
2020-04-13

IDB report proposes economic policies to help countries overcome sharp contraction

April 09, 2020
The 2020 Latin American and Caribbean Macroeconomic Report analyzes growth scenarios amid coronavirus pandemic Latin America and the Caribbean will see sharp growth reductions of between 1.8 percent and 5.5 percent of GDP in 2020 due to the impact of the coronavirus pandemic.
2020-04-09

IDB to finance regional projects to support coordinated COVID-19 response

April 02, 2020
New submission deadline is May 15, 2020
2020-04-02

IDB Launches $2 billion 0.875% 5-year Fixed Rate SDB Global Benchmark

March 30, 2020
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), today priced a new $2 billion 5-year sustainable development bond (SDB) global benchmark. The transaction pays a semi-annual coupon of 0.875% and matures on April 3rd, 2025. It priced with a spread of 46.2 basis points over the 0.500% UST due March 31st, 2025, which represents a yield of 0.885% s.a.
2020-03-30

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26