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 supports Ecuador's fiscal stability with $300 million

Wednesday, July 3, 2019 - 10:13
The Board of the Inter-American Development Bank (IDB) approved a $300 million loan to contribute to Ecuador's fiscal stability, facilitating sustainable growth and maintaining the main indicators of social development. This loan will strengthen macro-fiscal management, improve the quality and efficiency of public spending and transparency and the management of tax policy and management.

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%.

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.

Ecuador to strengthen its fiscal sustainability with IDB support

Wednesday, April 24, 2019 - 22:14
$500 million in financing will protect macroeconomic stability and social spending Ecuador will strengthen its fiscal sustainability with $500 million in financing approved by the Inter-American Development Bank (IDB).

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...

IDB selects CastleOak Securities to its Discount Note Dealer Group

Tuesday, April 2, 2019 - 10:25
To partner with the IDB to broaden the distribution of its debt securities.