Home / Daily Briefs / 2022 / 23 / IDB issues more SDBs in Aussie dollars

IDB issues more SDBs in Aussie dollars

IDB issues more SDBs in Aussie dollars

March 23, 2022 | Hernán Goicochea
US-based development bank sells $45 mln worth 10-year notes in its third private placement with a Japanese life insurer this year

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

The Inter-American Development Bank (IDB) said Tuesday that it sold AUD60 million ($44.7 million) worth of 10-year sustainable development bonds (SDBs) in a private placement with Japan's Asahi Mutual Life Insurance.  The US-based multilateral lender priced the new 2032 notes at 2.8% with JPMorgan as the lead manager, it said in a press release. "The proceeds of this transaction are aligned with the IDB's strategic priorities to reduce poverty and inequalities in the region by promoting economic

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