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Published on 1/17/2006 in the Prospect News Emerging Markets Daily.

Inter-American Development Bank to issue $236 million equivalent of peso-denominated 10-year bonds

By Reshmi Basu

New York, Jan. 17 - Inter-American Development Bank (Aaa/AAA) plans to issue up to $236 million equivalent of peso-denominated 10-year bonds (Aaa/AAA), according to a market source.

Credit Suisse is running the Rule 144A and Regulation S transaction.

Pricing is expected to take place later this week.

The issuer is a regional development bank, which provides multilateral financing to Latin America and the Caribbean.


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