Colombia, El Salvador, Suriname Get IDB Cash

Colombia, El Salvador, Suriname Get IDB Cash

Bonds Structured Finance

The IDB has approved a $250m loan Colombia to improve water and sanitation services. The bank says this will be the first in up to 3 loans to be disbursed. Colombia intends to increase urban water service coverage from 94.5% to 97.8% in 2011, and in sanitation from 90.1% to 93.2%. Terms were not disclosed. The IDB will also lend $500m to El Salvador to improve the safety net for the poorest municipalities and households. The 2-tranche loan for $200m in 2008 and $300m in 2009 will have a 20-year

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