January 7, 2021 |
The Inter-American Development Bank (IDB) said Wednesday that it sold $4 billion worth of 10-year, dollar-denominated sustainable development bonds after orders topped $5 billion from more than 100 investors.
"We are thrilled to start the new year with our largest ever 10-year USD global benchmark. The higher than expected investor demand propelled us to the $4 billion size, which is double our originally envisioned $2 billion," Laura Fan, head of funding at the IDB, said in an email to LatinFin
US-based development bank issues $4 bln worth of 10-year notes, twice the planned amount