IDB issues second dollar-denominated SDBs this year

IDB issues second dollar-denominated SDBs this year

Corporate & Sovereign Strategy Bonds International Financial Institutions Inter-American Development Bank (IDB) Debt Fixed Income Latin America ESG Sustainable Development Bonds Capital Markets

The Inter-American Development Bank (IDB) said Wednesday that it raised $3 billion in its second sale of sustainable development bonds (SDBs) in US dollars this year after receiving orders for more than $4.5 billion. The new seven-year notes carried a coupon of 1.125% and priced at 99.271 to yield 1.234%, equal to seven basis points over mid-swaps or eight basis points over June 2028 US Treasury bonds, the IDB said in a press release.  The Washington DC-based development bank opened the initial

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