IDB issues SDBs in Canadian dollars

IDB issues SDBs in Canadian dollars

Bonds Debt Fixed Income International Financial Institutions Inter-American Development Bank (IDB) United States Canada Latin America Capital Markets ESG Sustainable Development Bonds

The Inter-American Development Bank (IDB) issued CAD750 million ($607 million) in five-year sustainable development bonds (SDBs), setting a new benchmark in its first debt deal in Canadian dollars this year, it said in a press release on Monday. The new 2026 bonds carried a 1% coupon and priced at 99.433 to yield 1.117%, or 28.1 basis points over Canadian government bonds. The bookrunners were CIBC, National Bank, RBC and Scotiabank, IDB said. Banks and corporate investors acquired 59% of the bo

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