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Published on 2/10/2020 in the Prospect News Emerging Markets Daily.

New Issue: IADB sells Rp 1.36 trillion 5½% three-year dollar-settled notes

By Marisa Wong

Los Angeles, Feb. 10 – Inter-American Development Bank priced Rp 1,357,500,000,000 of 5½% three-year notes at par.

The series 742 notes are payable in dollars, according to a notice.

Deutsche Bank AG, London Branch 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 742 notes
Amount:Rp 1,357,500,000,000
Maturity:Feb. 7, 2023
Dealer:Deutsche Bank AG, London Branch
Coupon:5½%
Price:Par
Yield:5½%
Pricing date:Feb. 4
Settlement date:Feb. 7
Listing:London Stock Exchange

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