IDB taps Kangaroo bonds, sells SDBs in private placement

IDB taps Kangaroo bonds, sells SDBs in private placement

Corporate & Sovereign Strategy Inter-American Development Bank (IDB) Bonds Debt Fixed Income Latin America

The Inter-American Development Bank (IDB) said Friday that it added AUD150 million ($116 million) to its 1.95% 2024 education, youth, employment (EYE) bonds, bringing the outstanding principal to AUD650 million. The Washington DC-based development bank priced the tap at 104.997 to yield 0.271%, or 34.75 basis points over the 2.75% 2024 Australian government bonds (ACGB), Laura Fan, head of funding at the IDB, said in an email to LatinFinance. CommBank and JPMorgan led the transaction, the IDB sa

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