Obligation Interamerican Development Bank 0.25% ( US4581X0DP00 ) en USD

Interamerican Development Bank

100 % ▲

Etas-Unis

US4581X0DP00 ( en USD )

0.25% par an ( paiement semestriel )

14/11/2023 - Obligation échue

Prospectus brochure de l'obligation Inter-American Development Bank (IDB) US4581X0DP00 en USD 0.25%, échue

1 000 USD

2 500 000 000 USD

4581X0DP0

La Banque interaméricaine de développement (BID) est une institution financière de développement multilatérale qui ?uvre à améliorer la vie des habitants de l'Amérique latine et des Caraïbes en finançant des projets de développement économique, social et environnemental.

L'Obligation émise par Interamerican Development Bank ( Etas-Unis ) , en USD, avec le code ISIN US4581X0DP00, paye un coupon de 0.25% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 14/11/2023

EXECUTION VERSION

PRICING SUPPLEMENT
Inter-American Development Bank
Global Debt Program
Series No.: 760

U.S.$2,500,000,000 0.25 percent Notes due November 15, 2023
Issue Price: 99.841 percent

Application has been made for the Notes to be admitted to the
Official List of the Financial Conduct Authority and
to trading on the London Stock Exchange plc's
Regulated Market

Barclays
Deutsche Bank
Morgan Stanley
Wells Fargo Securities

BMO Capital Markets
BNP Paribas
BofA Securities
Commerzbank
Commonwealth Bank of Australia
Crédit Agricole CIB
J.P. Morgan
Nomura
Scotiabank
TD Securities

The date of this Pricing Supplement is August 28, 2020.
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 760
U.S.$2,500,000,000 0.25 percent Notes due November 15, 2023

DC_LAN01:385504.2

Terms used herein shall be deemed to be defined as such for the purposes of the Terms
and Conditions (the "Conditions") set forth in the Prospectus dated July 28, 2020 (the
"Prospectus") (which for the avoidance of doubt does not constitute a prospectus for the
purposes of Part VI of the United Kingdom Financial Services and Markets Act 2000 or a
base prospectus for the purposes of Regulation (EU) 2017/1129). This Pricing
Supplement must be read in conjunction with the Prospectus. This document is issued to
give details of an issue by the Inter-American Development Bank (the "Bank") under its
Global Debt Program and to provide information supplemental to the Prospectus.
Complete information in respect of the Bank and this offer of the Notes is only available
on the basis of the combination of this Pricing Supplement and the Prospectus.
MiFID II product governance / Retail investors, professional investors and ECPs
target market See "General Information--Additional Information Regarding the
Notes--Matters relating to MiFID II" below.
Terms and Conditions
The following items under this heading "Terms and Conditions" are the particular terms
which relate to the issue the subject of this Pricing Supplement. Together with the
applicable Conditions (as defined above), which are expressly incorporated hereto, these
are the only terms that form part of the form of Notes for such issue.
1.
Series No.:
760
2.
Aggregate Principal Amount:
U.S.$2,500,000,000
3.
Issue Price:
U.S.$2,496,025,000 which is 99.841
percent of the Aggregate Principal Amount
4.
Issue Date:
September 2, 2020
5.
Form of Notes

(Condition 1(a)):
Book-entry only (not exchangeable for
Definitive Fed Registered Notes, Conditions
1(a) and 2(b) notwithstanding)
6.
Authorized Denomination(s)

(Condition 1(b)):
U.S.$1,000 and integral multiples thereof
2
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 760
U.S.$2,500,000,000 0.25 percent Notes due November 15, 2023

DC_LAN01:385504.2

7.
Specified Currency

(Condition 1(d)):
United States Dollars (U.S.$) being the
lawful currency of the United States of
America
8.
Specified Principal Payment

Currency

(Conditions 1(d) and 7(h)):
U.S.$
9.
Specified Interest Payment Currency
(Conditions 1(d) and 7(h)):
U.S.$
10. Maturity Date

(Condition 6(a); Fixed Interest Rate
November 15, 2023
and Zero Coupon):
11. Interest Basis

(Condition 5):
Fixed Interest Rate (Condition 5(I))
12. Interest Commencement Date

(Condition 5(III)):
Issue Date (September 2, 2020)
13. Fixed Interest Rate (Condition 5(I)):

(a)
Interest Rate:
0.25 percent per annum

(b)
Fixed Rate Interest Payment
Semi-annually in arrear on May 15 and
Date(s):
November 15 in each year, commencing on
May 15, 2021.
There will be a long first interest Period
from and including the Issue Date to but
excluding May 15, 2021.
Each Fixed Rate Interest Payment Date is
subject to the Business Day Convention, but
with no adjustment to the amount of interest
otherwise calculated.

(c)
Business Day Convention:
Following Business Day Convention
3
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 760
U.S.$2,500,000,000 0.25 percent Notes due November 15, 2023

DC_LAN01:385504.2

(d)
Fixed Rate Day Count
30/360
Fraction(s):
14. Relevant Financial Center:
New York
15. Relevant Business Day:
New York
16. Issuer's Optional Redemption

(Condition 6(e)):
No
17. Redemption at the Option of the

Noteholders (Condition 6(f)):
No
18. Governing Law:
New York

Other Relevant Terms
1.
Listing:
Application has been made for the Notes to
be admitted to the Official List of the
Financial Conduct Authority and to trading
on the London Stock Exchange plc's
Regulated Market

2.
Details of Clearance System
Approved by the Bank and the
Federal Reserve Bank of New York;
Global Agent and Clearance and
Euroclear Bank SA/NV; Clearstream
Settlement Procedures:
Banking S.A.
3.
Syndicated:
Yes
4.
If Syndicated:

(a)
Liability:
Several

(b)
Lead Managers:
Barclays Bank PLC
Deutsche Bank AG, London Branch
Morgan Stanley & Co. International plc
Wells Fargo Securities, LLC

5.
Commissions and Concessions:
0.100 percent of the Aggregate Principal
Amount
4
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 760
U.S.$2,500,000,000 0.25 percent Notes due November 15, 2023

DC_LAN01:385504.2

6.
Estimated Total Expenses:
None. The Joint Lead Managers have
agreed to pay for certain expenses related to
the issuance of the Notes.
7.
Codes:

(a)
Common Code:
222583187

(b)
ISIN:
US4581X0DP00

(c)
CUSIP:
4581X0DP0
8.
Identity of Managers:
Barclays Bank PLC
Deutsche Bank AG, London Branch
Morgan Stanley & Co. International plc
Wells Fargo Securities, LLC

BMO Capital Markets Corp.
BNP Paribas
Commerzbank Aktiengesellschaft
Commonwealth Bank of Australia
Crédit Agricole
Corporate and Investment Bank
J.P. Morgan Securities plc
Merrill Lynch International
Nomura International plc
Scotiabank Europe plc
The Toronto-Dominion Bank

9.
Selling Restrictions:

(a)
United States:
Under the provisions of Section 11(a) of the
Inter-American Development Bank Act, the

Notes are exempted securities within the
meaning of Section 3(a)(2) of the U.S.
Securities Act of 1933, as amended, and
Section 3(a)(12) of the U.S. Securities
Exchange Act of 1934, as amended.

5
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 760
U.S.$2,500,000,000 0.25 percent Notes due November 15, 2023

DC_LAN01:385504.2

(b)
General:
No action has been or will be taken by the
Issuer that would permit a public offering of
the Notes, or possession or distribution of
any offering material relating to the Notes in
any jurisdiction where action for that
purpose is required. Accordingly, each of
the Managers agrees that it will observe all
applicable provisions of law in each
jurisdiction in or from which it may offer or
sell Notes or distribute any offering
material.
General Information
Additional Information Regarding the Notes
1.
Matters relating to MiFID II
The Bank does not fall under the scope of application of the MiFID II regime.
Consequently, the Bank does not qualify as an "investment firm", "manufacturer" or
"distributor" for the purposes of MiFID II.
MiFID II product governance / Retail investors, professional investors and
ECPs target market Solely for the purposes of the manufacturers' product approval
process, the target market assessment in respect of the Notes has led to the conclusion
that: (i) the target market for the Notes is eligible counterparties, professional clients and
retail clients, each as defined in MiFID II; and (ii) all channels for distribution of the
Notes are appropriate. Any person subsequently offering, selling or recommending the
Notes (a "distributor") should take into consideration the manufacturers' target market
assessment; however, a distributor subject to MiFID II is responsible for undertaking its
own target market assessment in respect of the Notes (by either adopting or refining the
manufacturers' target market assessment) and determining appropriate distribution
channels.
For the purposes of this provision, the expression "manufacturer" means Barclays
Bank PLC, Deutsche Bank AG, London Branch and Morgan Stanley & Co. International
plc.
For the purposes of this provision, the expression MiFID II means Directive
2014/65/EU, as amended.

6
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 760
U.S.$2,500,000,000 0.25 percent Notes due November 15, 2023

DC_LAN01:385504.2

2.
United States Offers and Sales
To the extent any Manager that is not a U.S. registered broker-dealer intends to
effect any offers or sales of any Notes in the United States, it will do so through one or
more U.S. registered broker-dealers in accordance with the applicable U.S. securities
laws and regulations. Commonwealth Bank of Australia is not a U.S. registered broker-
dealer, and it will not effect any offers or sales of any Notes in the United States.
7
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 760
U.S.$2,500,000,000 0.25 percent Notes due November 15, 2023
DC_LAN01:385504.2