By Mary-Katherine Stinson
Lexington, Ky., Jan. 29 – Inter-American Development Bank priced Rs. 10 billion of 7% notes due Jan. 25, 2029 at par, according to a market source and a press release.
The issue price will be payable in dollars, totaling $120,452,902.91 at the agreed rate of Rs. 83.02 per $1.00.
The notes are non-callable.
Citigroup Global Markets Ltd. is the dealer.
The notes will be listed in London.
The provider of development financing for Latin America and the Caribbean is based in Washington, D.C.
| Issuer: | Inter-American Development Bank
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| Amount: | Rs. 10 billion
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| Issue: | Notes, series 900
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| Maturity: | Jan. 25, 2029
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| Dealer: | Citigroup Global Markets Ltd.
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| Coupon: | 7%
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| Price: | Par
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| Yield: | 7%
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| Pricing date: | Jan. 22
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| Settlement date: | Jan. 25
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| ISIN: | XS2749539933
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