IBD issues sustainable bonds in sterling

IBD issues sustainable bonds in sterling

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

The Inter-American Development Bank (IDB) sold £500 million ($651 million) worth of six-year sustainable bonds on Thursday after orders topped £690 million, Laura Fan, head of funding at the Washington DC-based lender, told LatinFinance. "This transaction is the IDB's second sustainable development bond benchmark in the sterling market," Fan said. "The IDB showcased its resilience, despite some volatility in broader rates markets, marking the first new British pound benchmark from a supranationa

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