IDB Launches $3 Billion Long Five-Year Global Benchmark Bond
United States, June 10 -- The Inter-American Development Bank (IDB) issued a $3 billion long five-year global benchmark bond, the second U.S. dollar benchmark transaction of its 2026 funding program. The bond attracted robust global investor demand, with orders exceeding $4.9 billion and a notably high-quality core investor base. The bond matures in August 2031 and carries a fixed annual coupon of 4.25%. Bond Summary Terms:Issuer: Inter-American Development Bank (Ticker: IADB)Issuer rating: Aaa / AAA (Stable / Stable)Amount: USD 3 billionSettlement date: June 10, 2026 (T+5)Coupon: 4.25%, Fixed, SA 30/360Coupon payment dates: February 11 and August 11 (semi-annually)Maturity date: August 11, 2031Issue price: 99.898%Issue yield: 4.270% s.a.Re...
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