IDB issues EYE bond in Aussie dollars

IDB issues EYE bond in Aussie dollars

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

The Inter-American Development Bank (IDB) said Thursday that it issued AUD300 million ($225 million) worth of three-year bonds in the Australian market to fund projects through its Education, Youth and Employment (EYE) program. The new 2026 notes carried a coupon of 2.7% and priced at 99.875% to yield 2.734% with ANZ, Commonwealth Bank of Australia and JPMorgan as lead managers, the IDB said in a press release. The spread equalled 47.9 basis points over government bonds due in November 2025, it

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