March 30, 2021
The Inter-American Development Bank (IDB) said Monday that it sold SEK1.1 billion ($126 million) in bonds denominated in Swedish kronor to raise money for youth education and employment in Latin America.
The Washington DC-based development bank priced the five-year notes under the Education, Youth and Employment (EYE) program with a coupon of 0.25%, it said in a press release.
"The deal was fully placed with a select few dedicated social bond investors who had expressed strong interest in the EY
US-based development prints $126 mln in five-year bonds for youth education and employment in Latin America