IDB returns to the Sterling Market with Second Sustainable Development Bond

April 25, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new £500 million Fixed Rate Sustainable Development Bond. The transaction pays an annual coupon of 2.125% and matures on 15th December 2028. It was priced with a spread of 51 basis points over the UKT October 2028 benchmark and carries a semi-annual yield of 2.223%.
2022-04-25

IDB launches US$1 billion 5-year Floating Rate Global Sustainable Development Bond

April 06, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new US$1 billion 5-year Global Sustainable Development Bond (SDB) benchmark. The transaction pays a quarterly coupon of SOFR+28bps and matures on April 12th, 2027. The new benchmark was priced at a discount margin of 28 basis points over the Compounded SOFR Index.
2022-04-07

IDB Issues a New Long 3-year Kangaroo "EYE" Bond

March 31, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new AUD$300 million long 3-year fixed-rate Kangaroo offering under the Education, Youth, and Employment (“EYE”) Bond program. The projects under this program are designed to promote sustainable growth, poverty reduction and social equity in Latin America and the Caribbean.
2022-03-31

IDB Launches Australian Dollar Sustainable Development Bond for Asahi Life

March 22, 2022
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. This Australian Dollar bond is valued in AUD$60 million, equivalent to US$43.9 million. Asahi Mutual Life Insurance Company is the sole investor of the bond with J.P. Morgan Securities plc being the arranger.
2022-03-22

Central America, Panama and the Dominican Republic are Recovering, but Face Challenges

March 14, 2022
According to the latest IDB Group report, Costa Rica, El Salvador, Guatemala, Nicaragua, and the Dominican Republic have already recovered pre-pandemic economic activity levels. During 2021 the IDB Group approved $3.38 billion in financing to support the productive sector, inclusive recovery from the COVID-19 crisis, employment, value chains, and digitalization.  
2022-03-14

IDB launches $1 billion 7-year SOFR Index-Linked Global Bond

February 10, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new US$1 billion 7-year benchmark bond linked to the Secured Overnight Financing Rate (SOFR) index. The transaction pays a quarterly floating coupon of Compounded SOFR+30 basis points and matures on February 15, 2029. The settlement date is February 15, 2022.
2022-02-10

IDB Launches Australian Dollar Education, Youth, and Employment (EYE) Bond for Taiju Life

February 10, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 1.5-year fixed rate bond in Australian Dollar under the Education, Youth, and Employment (“EYE”) Bond program. Taiju Life Insurance Company is the sole investor of the bond with Daiwa Capital Markets America Inc. being the arranger.
2022-02-10

IDB Launches Australian Dollar Sustainable Development Bond for Taiju Life

February 10, 2022
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new 15-year fixed rate Sustainable Development Bond in Australian Dollar to support IDB’s strategic priorities to reduce poverty and inequality in Latin America and the Caribbean in a sustainable and climate friendly manner.
2022-02-10

IDB Launches Australian Dollar Sustainable Development Bond for Sumitomo Life

February 09, 2022
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) in Australian Dollar highlighting Climate Action. Sumitomo Life Insurance Company is the sole investor of the bond with Daiwa Capital Markets America Inc. being the arranger.
2022-02-09