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.

The IDB Launches its Environmental and Social Policy Modernization Process

Tuesday, July 2, 2019 - 15:08
The Board of Executive Directors of the Inter-American Development Bank (IDB) today launched the process to modernize its environmental and social policies. Through this modernization process, the IDB will enhance environmental and social sustainability outcomes in its operations. As a result of this process, the IDB intends to develop an integrated Environmental and Social Policy Framework aligned with international standards and best practices.

Costa Rica will strengthen its fiscal sustainability with IDB support

Tuesday, July 2, 2019 - 15:04
A $350 million loan will contribute to controlling expenditure and modernizing the country's tax system Costa Rica will strengthen its fiscal sustainability by controlling expenditure and modernizing the tax system with a $350 million loan approved by the Inter-American Development Bank (IDB). This is the first of two operations under the programmatic policy-based loan modality.

Argentina to strengthen social protection programs with IDB support

Thursday, June 20, 2019 - 11:18
  Argentina will ensure the sustainability and effectiveness of its social protection programs with a $600 million loan approved by the Inter-American Development Bank. This project marks the second phase of two separate and sequential operations. The goal of both phases is to guarantee the sustainability of money disbursement programs for the poor and encourage improvements in the effectiveness of these initiatives by strengthening their management through the use of digital transformation tools.

El Salvador will strengthen fiscal sustainability with IDB support

Wednesday, June 19, 2019 - 16:53
A $200 million loan will provide budget support for priority government expenditures, thereby protecting public investment and social program funding to promote inclusive growth El Salvador will strengthen fiscal sustainability by securing resources for complementary financing of the General State Budget with a $200 million loan approved by the Executive Board Directors of the Inter-American Development Bank (IDB).

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%.

Argentina will strengthen transparency and integrity reforms with IDB support

Wednesday, June 5, 2019 - 18:19
A $200 million loan will contribute to access to public information, ethical conduct of public officials and management of the financial sector Argentina will continue to strengthen the transparency and integrity reforms of public management that the government has been promoting since 2016, with the support of a $200 million loan from the Inter-American Development Bank (IDB).