New Issue: IADB sells 100 million Turkish lira of three-year bonds at 16 3/8%

By Reshmi Basu

New York, June 25 - Inter-American Development Bank (IADB) sold 100 million Turkish lira of three-year bonds (Aaa/AAA/AAA) at par to yield 16 3/8%, according to a market source.

Barclays Capital managed the transaction, which was issued via the issuer's global debt program.

IADB is a regional development bank in Latin America and the Caribbean.

Borrower:	Inter-American Development Bank
Amount:	100 million Turkish lira
Issue:	Bonds
Maturity:	July 9, 2010
Coupon:	16 3/8%
Issue price:	Par
Yield:	16 3/8%
Lead manager:	Barclays Capital
Pricing date:	June 25
Settlement date:	July 9
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA
	Fitch: AAA

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