Published on 3/12/2021 in the Prospect News Investment Grade Daily.
New Issue: IADB issues $75 million 0.8% five-year notes at par
By Devika Patel
Knoxville, Tenn., March 12 – The Inter-American Development Bank (Aaa/AAA) issued $75 million of 0.8% five-year global notes on Thursday at par, according to a market announcement.
Wells Fargo Securities, LLC was the dealer.
The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.
Issuer: | Inter-American Development Bank
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Amount: | $75 million
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Description: | Global notes
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Maturity: | March 4, 2026
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Bookrunner: | Wells Fargo Securities, LLC
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Coupon: | 0.8%
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Price: | Par
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Yield: | 0.8%
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Pricing date: | March 8
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Settlement date: | March 11
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Ratings: | Moody's: Aaa
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| S&P: AAA
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