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IDB talks pricing for next benchmark bond

IDB talks pricing for next benchmark bond

January 5, 2023 | Hernán Goicochea
US-based development bank opens IPTs at 41 basis points over SOFR mid-swaps, head of funding says

Corporate & Sovereign Strategy Bonds Inter-American Development Bank (IDB) Debt Fixed Income Capital Markets United States Latin America Caribbean

The Inter-American Development Bank (IDB) has set the initial price talk on a planned sale of five-year bonds in the international market at around 41 basis points over SOFR mid-swaps, the head of funding at the Washington DC-based lender told LatinFinance on Wednesday. The IDB has held calls with investors and expects to price around $3 billion in new 2028 bonds on Thursday with Barclays, Bank of America, HSBC and JPMorgan as joint bookrunners, Laura Fan said. Last year, the IDB priced around $

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