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Published on 3/22/2021 in the Prospect News Emerging Markets Daily.

New Issue: IADB sells S/. 125 million 1% three-year dollar-settled notes at 99.71

By Marisa Wong

Los Angeles, March 22 – Inter-American Development Bank priced S/. 125 million of 1% notes due 2024 at 99.71, according to a pricing supplement.

The series 788 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:Notes, series 788
Amount:S/. 125 million (payable in dollars)
Maturity:March 18, 2024
Dealer:J.P. Morgan Securities plc
Coupon:1%
Price:99.71
Call option:No
Put option:No
Pricing date:March 15
Settlement date:March 18
Listing:London Stock Exchange

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