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Published on 10/7/2021 in the Prospect News Emerging Markets Daily.

New Issue: IADB sells COP 50 billion 6% six-year dollar-settled notes at par

By Rebecca Melvin

Concord, N.H., Oct. 7 – Inter-American Development Bank priced COP 50 billion of 6% notes due 2027 at par, according to a notice.

The series 812 notes are payable in U.S. dollars.

BNP Paribas 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 812 notes
Amount:COP 50 billion (payable in dollars)
Maturity:Oct. 6, 2027
Dealer:BNP Paribas
Coupon:6%
Price:Par
Yield:6%
Call option:No
Put option:No
Pricing date:Oct. 1
Settlement date:Oct. 6
Listing:London Stock Exchange

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