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 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 announces selected proposals of its "Bootcamps for Tech Fans” challenge

Thursday, June 6, 2019 - 16:48
Fifty-seven proposals were submitted, and the entities selected will benefit people in Central America, Colombia, Mexico and Venezuela. IDB Lab, the IDB's innovation laboratory, has announced the two proposals selected to implement the best and most innovative Ready-to-Work Bootcamp models aimed at closing the skills gap of our future workforce in Latin America and the Caribbean, especially of people in vulnerable circumstances.

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.

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.

Standard & Poor’s affirms IDB’s AAA/A-1+ ratings and upgrades SACP to ‘aaa’ from ‘aa+”

Monday, February 25, 2019 - 17:51
Standard & Poor’s has affirmed the Inter-American Development Bank’s ‘AAA’ long-term and ‘A-1+’ short-term issuer credit rating with a stable outlook. Also, following a review under the revised criteria for multilateral lending institutions, the IDB’s stand-alone credit profile was upgraded from ‘aa+’ to ‘aaa’, due to its extremely strong enterprise risk profile and very strong financial risk profile.

Government spending waste costs Latin America and Caribbean 4.4% of GDP: IDB study

Monday, September 24, 2018 - 15:05
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety

Barranquilla, Colombia to host Foromic 2018

Thursday, August 30, 2018 - 17:39
The Colombian city of Barranquilla will host the leading event on financial inclusion and business development trends in Latin America and the Caribbean The IDB Group, through its innovation lab MIF, will hold the 21st edition of Foromic, the most important annual event on financial inclusion and business development in the Latin American and Caribbean region.