IDB sells more sustainable bonds in sterling

IDB sells more sustainable bonds in sterling

Bonds Debt Fixed Income Capital Markets ESG Sustainability Bonds Sustainable Development Bonds Latin America United Kingdom United States

The Inter-American Development Bank (IDB) made its second sustainable bond sale in British pounds with £500 million ($627 million) in five-year notes on Wednesday, a source involved in the deal told LatinFinance. The 2027 bonds carried a coupon of 2.5% and priced at 99.68 to yield 2.552%, or 68 basis points over UK government bonds, more or less in line with guidance, the source said. Bank of America, Deutsche Bank, NatWest and RBC Capital were the joint bookrunners, according to the source. The

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