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Published on 9/28/2021 in the Prospect News Emerging Markets Daily.

New Issue: IADB prices R$58.8 million 9.65% 10-year dollar-settled notes at par

By Marisa Wong

Los Angeles, Sept. 28 – Inter-American Development Bank issued R$58.8 million of 9.65% notes due 2031 at par, according to a notice on Tuesday.

The series 810 notes are payable in U.S. dollars.

Citigroup Global Markets Ltd. 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 810 notes
Amount:R$58.8 million (payable in dollars)
Maturity:Sept. 29, 2031
Dealer:Citigroup Global Markets Ltd.
Coupon:9.65%
Price:Par
Yield:9.65%
Call option:No
Put option:No
Listing:London Stock Exchange
Pricing date:Sept. 22
Settlement date:Sept. 27
ISIN:XS2388204138

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