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Published on 12/23/2019 in the Prospect News Emerging Markets Daily.

New Issue: IADB issues Ps. 680 million 0% bearer notes due 2026 at 65.3

By Sarah Lizee

Olympia, Wash., Dec. 23 – Inter-American Development Bank issued Ps. 680 million of 0% bearer notes due Dec. 17, 2026 at 65.3 on Thursday, according to a notice.

J.P. Morgan Securities plc is the dealer.

The series 737 notes were issued under the bank’s global debt program.

Proceeds will be included in the ordinary capital resources of the bank.

The issuer provides financing for Latin American and Caribbean countries and is based in Washington, D.C.

Issuer:Inter-American Development Bank
Issue:Bearer notes, series 737
Amount:Ps. 680 million
Maturity:Dec. 17, 2026
Dealer:J.P. Morgan Securities plc
Coupon:0%
Price:65.3
Amortization yield:6.28255%
Call option:None
Put option:None
Pricing date:Dec. 16
Settlement date:Dec. 19

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