IDB Visits Spain to Encourage Investment in Latin America and the Caribbean

November 18, 2021
Spain will host the IDB's non-regional members meeting in February 2022. MADRID - IDB President Mauricio Claver-Carone and members of his executive team concluded a successful visit to Madrid to encourage greater investment in Latin America and the Caribbean to boost the region’s post-pandemic recovery. The mission’s main objective was to strengthen international trade and attract financing and businesses that will accelerate the region's digital transformation and contribute to its sustainable and inclusive growth.
2021-11-16

IDB and Telefónica Launch Initiative to Connect Entrepreneurs and Corporations

November 07, 2021
Institutional partnership between the two organizations will promote inclusive digital transformation in different areas CIV-LAC is a platform that will help scale up nearly 600 startups through open innovation processes with large and medium-sized companies from Spain and Latin America  MADRID – Inter-American Development Bank (IDB) President Mauricio Claver-Carone and Telefónica Chief Executive Officer José María Álvarez-Pallete met today to strengthen the institutional alliance maintained by both organizations and to continue promoting inclusive dig
2021-11-08

IDB launches $3.5 Billion 3-year Fixed Rate Bond

September 17, 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%.
2021-09-16

The IDB Group achieves EDGE Move Certification

August 04, 2021
The Inter-American Development Bank (IDB), and its sister organization, IDB Invest, announced today they have received for the third time its EDGE Certification, and have advanced to the next level, EDGE Move. The IDB Group, comprised of IDB, IDB Invest, and IDB Lab, is the first development bank in the Americas and second worldwide to earn EDGE Move, the second level of the prestigious distinction.
2021-08-04

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%. 
2021-07-14

Closing digital gap could create up to 15 million jobs in Latin America and the Caribbean

June 23, 2021
New IDB report evaluates broadband development in 26 countries in the region Latin America and the Caribbean could dramatically increase employment and kickstart sustainable economic growth if it closed its digital connectivity gap with members of the Organization for Economic Cooperation and Development, according to a new study by the Inter-American Development Bank (IDB). Closing the gap with OECD countries would create over 15 million direct jobs, boost regional economic growth (GDP) by 7.7%, and increase productivity by 6.3%, according to the study.
2021-06-23

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.
2021-06-21

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.
2021-06-04

IDB issues a new 5-year fixed-rate global benchmark transaction

April 13, 2021
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $ 4.25 billion 5-year fixed-rate global benchmark. The transaction pays a semi-annual coupon of 0.875% and matures on April 20, 2026. It was priced with a spread of 10.5 basis points over the 0.750% UST due 31 March 2026, which translates to a semi-annual yield of 0.969%.
2021-04-13

IDB and CITI Innovation Labs achieve cross-border payments over blockchain

April 07, 2021
EThe Inter-American Development Bank and Citi Innovation Labs conclude a successful proof of concept to make cross-border payments from the United States to countries in Latin America and the Caribbean, using blockchain and tokenized money. The LACChain Blockchain Network enabled the transactions and provided full traceability of the transactions, exchange rates, and fees.
2021-04-08