IDB issues bonds

IDB issues bonds

Bonds Structured Finance US

The IDB raised $3.75bn from a global bond and reached the halfway point of its debt capital markets program for 2017.The three-year notes priced at 99.763%, or 23.75bp over US Treasuries, to yield 1.704%, the IDB said in a statement. The bond pays a semi-annual coupon of 1.625% and matures in May 2020. The bonds received $5.35bn in orders from 88 accounts. Central banks and official money investors took 61% of the final allocation, followed by assets managers with 21%, banks with 15%, while

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