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Published on 5/9/2022 in the Prospect News Investment Grade Daily.

New Issue: IADB issues $125 million 3.03% notes due 2025 at par

By Wendy Van Sickle

Columbus, Ohio, May 9 – Inter-American Development Bank issued $125 million of 3.03% notes due Aug. 1, 2025 at par, according to a pricing supplement.

BMO Capital Markets Corp. was the dealer.

The agency provides financing and technical assistance to businesses in Latin America and the Caribbean and is based in Washington, D.C.

Issuer:Inter-American Development Bank
Amount:$125 million
Issue:Notes, series 831
Maturity:Aug. 1, 2025
Bookrunner:BMO Capital Markets Corp.
Coupon:3.03%
Price:Par
Yield:3.03%
Trade date:April 27
Settlement date:May 2
Cusip:45818WDP8

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