IDB launches $3.5 Billion 3-year Fixed Rate Bond

September 16, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3.5 billion 3-year Global benchmark. The transaction pays a semi-annual coupon of 0.500% and matures on September 23, 2024. It was priced with a spread of 14 basis points over SOFR mid-swaps, which equates to 8.6 basis points over 0.375% UST due September 2024 and carries a semi-annual yield of 0.525%.

IDB unveils health security recommendations to support tourism industry

September 01, 2021
The Inter-American Development Bank (IDB), with the support of the World Tourism Organization (UNWTO) and the participation of the Organization of American States (OAS), launched the series of publications Recommendations to Minimize the Risk of Transmission of COVID-19 in the Tourism Sector of Latin America and the Caribbean.

IDB launches $3 Billion 7-year Fixed Rate Global Sustainable Development Bond

July 14, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3 billion 7-year Global Sustainable Development Bond (SDB) benchmark. The transaction pays a semi-annual coupon of 1.125% and matures on 20th July 2028. It was priced with a spread of 7 basis points over mid-swaps, which equates to 8 basis points over 1.250% UST due June 2028 and carries a semi-annual yield of 1.234%. 

Fiscal policies against climate change can help create 15 million jobs

July 12, 2021
Finance and planning ministries play a central role in promoting fiscal policies that generate more and better jobs with the transition to green economies Adequate fiscal planning would help the decarbonization of the region's economies create 15 million net new jobs by 2030 A new Inter-American Development Bank (IDB) study, “

IDB Group holds forum on sustainable recovery in advance of UN conferences

June 23, 2021
Media Advisory • "One Region, One Commitment"virtual summit will bring together officials from the region to showcase progress in climate and biodiversity policies on the road to COP15 and COP26 • Innovative financial projects and mechanisms that are driving transformations towards net-zero-emission and resilient economies to be presented The Inter-American Development Bank (IDB) will hold the One Region, One Commitment

IDB issues new 5-year global benchmark Sustainable Development Bond

June 21, 2021
Inter-American Development Bank (IDB) rated Aaa/AAA (Moody’s/S&P) priced its first new CAD benchmark of 2021, a 5-year CAD 750 million global bond that matures on June 29th, 2026. The deal was their largest single-day benchmark in recent history exemplifying their role as one of the more prolific issuers in developing the Canadian market with both the domestic and international investor base.

IDB launches $600 million 10-year SOFR Index-Linked Global Bond

June 04, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $600 million 10-year benchmark bond linked to the Secured Overnight Financing Rate (SOFR) index. The transaction pays a quarterly floating coupon of Compounded SOFR + 36 basis points and matures on June 10, 2031. The settlement date is June 10, 2021.

The Bahamas will boost resilient and inclusive growth with IDB support

May 26, 2021
The Bahamas will boost resilient and inclusive growth to promote business continuity and competitiveness of Micro, Small and Medium Enterprises (MSMEs) as well as their Blue Economy environmental resiliency, with a US$140 million loan approved by the Inter-American Development Bank (IDB).

New program seeks to improve the financial resilience of entrepreneurs and workers

May 17, 2021
The two-year program in Latin America will use behavioral science to help build resilient futures as economies continue to recover. The impact of in-app modifications and notifications on profits, savings, and use of insurance products, considered as the three paths toward financial resilience for small businesses and gig workers, will be studied within digital platforms. If you’ve been thinking more and more about saving money during the past year, you're not alone.

IDB study shows key role of finance and planning in climate change

May 11, 2021
A whole-of-government approach beyond environmental ministries would boost a more sustainable recovery from the pandemic in the region, new report shows Report launch: May, 11th, 4-5:30 pm EDT.