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Published on 2/26/2020 in the Prospect News Emerging Markets Daily.

New Issue: IADB sells R$26.23 million 3.38% three-year notes payable in yen

By Rebecca Melvin

New York, Feb. 26 – Inter-American Development Bank has issued R$26.23 million of 3.38% notes due Feb. 24, 2023 at 99.99 under its global debt program.

The series 743 notes are payable in Japanese yen, according to a notice.

There has been no application to list the notes on any stock exchange, and Nomura International plc is the transaction’s dealer.

The issuer provides financing for Latin American and Caribbean countries and is based in Washington, D.C.

Issuer:Inter-American Development Bank
Issue:Series 743 notes
Amount:R$26.23 million
Maturity:Feb. 24, 2023
Dealer:Nomura International plc
Coupon:3.38%
Price:99.99
Issue date:Feb. 26

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