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Published on 3/18/2021 in the Prospect News Emerging Markets Daily.

New Issue: IADB sells COP 50 billion 3½% five-year dollar-settled notes at 97.774

By Marisa Wong

Los Angeles, March 18 – Inter-American Development Bank priced COP 50 billion of 3½% notes due 2026 at 97.774, according to a notice.

The series 786 notes are payable in U.S. dollars.

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 786 notes
Amount:COP 50 billion (payable in dollars)
Maturity:March 17, 2026
Dealer:J.P. Morgan Securities plc
Coupon:3½%
Price:97.774
Call option:No
Put option:No
Pricing date:March 12
Settlement date:March 17
Listing:London Stock Exchange

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