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Published on 11/24/2020 in the Prospect News Emerging Markets Daily.

New Issue: IADB sells Rs. 225 million 3% yen-settled notes due 2024

By Cady Vishniac

Detroit, Nov. 24 – Inter-American Development Bank priced Rs. 225 million of 3% notes due Nov. 20, 2024 at 95.35, according to a notice.

The series 769 notes are payable in Japanese yen.

J.P. Morgan Securities 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 769 notes
Amount:Rs. 225 million
Maturity:Nov. 20, 2024
Dealer:J.P. Morgan Securities plc
Coupon:3%
Price:95.35
Call option:No
Put option:No
Pricing date:Nov. 17
Settlement date:Nov. 20

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