IDB issues global note

IDB issues global note

Bonds Structured Finance US

The IDB has earned $3bn from the sale of a new global bond on the London stock exchange, moving closer to its capital markets fundraising goal for the year.The development bank said it priced the five-year notes at 99.648 with a semi-annual coupon of 1.75%, or 20.35bp over 2022 US Treasury bonds, to yield 1.824%.The IDB has raised $16.9bn of its $18.5bn target for 2017, following a 10-year benchmark issue in June, a five-year issue in January and a three-year issue in April. The bank has now com

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial