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Published on 3/3/2023 in the Prospect News Emerging Markets Daily.

New Issue: IADB sells HK$400 million 4.24% notes due 2026 at par

By Mary-Katherine Stinson

Lexington, Ky., Feb. 24 – Inter-American Development Bank sold HK$400 million 4.24% notes, series 864, due March 2, 2026, according to a pricing supplement.

The notes priced at par and are non-callable.

The dealer is J.P. Morgan Securities plc.

The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.

Issuer:Inter-American Development Bank
Amount:HK$400 million
Issue:Notes, series 864
Maturity:March 2, 2026
Dealer:J.P. Morgan Securities plc
Coupon:4.24%
Price:Par
Yield:4.24%
Call features:Non-callable
Pricing date:Feb. 27
Settlement date:March 2
Distribution:Section 3(a)(2)
ISIN:XS2591859470

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