IDB doubles sustainable bond sale

IDB doubles sustainable bond sale

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Latin America

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

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