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IDB launches USD 2.25 billion 10-year Sustainable Development Bond
04/05/2023 Since 1 year
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The Inter-American Development Bank (IDB) priced a new 2.25 billion dollars 10-year Global Sustainable Development Bond in the London Stock Exchange, extending its curve with a new liquid long-end reference.
The transaction pays a semi-annual coupon of 3.500% and matures in 2033. The orderbook, in excess of 3.1 billion dollars, consisted of high-quality accounts, anchored by Banks/Bank Treasuries and Central Banks /Official Institutions with 45% and 30% of the final allocation, respectively.
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