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Published on 5/29/2020 in the Prospect News Emerging Markets Daily.

New Issue: IADB sells Rs. 633.9 million 3.87% three-year yen-settled notes

By Marisa Wong

Los Angeles, May 29 – Inter-American Development Bank priced Rs. 633.9 million of 3.87% three-year notes at 99.98, according to a notice.

The series 752 notes are payable in Japanese yen.

Nomura International plc is the 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 752 notes
Amount:Rs. 633.9 million
Maturity:May 25, 2023
Dealer:Nomura International plc
Coupon:3.87%
Price:99.98
Call option:No
Put option:No
Pricing date:May 19
Settlement date:May 28

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