Obligation Inter-American Development Bank (IDB) 0% ( US4581X0EE44 ) en USD

Inter-American Development Bank (IDB)

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Etas-Unis

US4581X0EE44 ( en USD )

15/01/2022 - Obligation échue

Prospectus brochure de l'obligation Inter-American Development Bank (IDB) US4581X0EE44 en USD 0%, échue

1 000 USD

2 000 000 000 USD

4581X0EE4

L'Obligation émise par Inter-American Development Bank (IDB) ( Etas-Unis ) , en USD, avec le code ISIN US4581X0EE44, paye un coupon de 0% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 15/01/2022

PRICING SUPPLEMENT
Inter-American Development Bank
Global Debt Program
Series No.: 837
U.S.$2,000,000,000 3.25 percent Notes due July 1, 2024 (the "Notes")
Issue Price: 99.99 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
UK Regulated Market
BMO Capital Markets
Morgan Stanley
Nomura
Wells Fargo Securities
Barclays
BofA Securities
Citigroup
Daiwa Capital Markets Europe
Deutsche Bank
HSBC
J.P. Morgan
NatWest Markets
RBC Capital Markets
TD Securities
The date of this Pricing Supplement is June 29, 2022.
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 837
U.S.$2,000,000,000 3.25 percent Notes due July 1, 2024
4855-2680-4774 v.4

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 ("UK") Financial Services and Markets Act 2000
or a base prospectus for the purposes of Regulation (EU) 2017/1129 (as amended, the
"Prospectus Regulation") or the Prospectus Regulation as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018 ("EUWA")). 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.
UK MiFIR product governance / Retail investors, professional investors and ECPs
target market See "General Information--Additional Information Regarding the Notes--
Matters relating to UK MiFIR" 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.:
837
2.
Aggregate Principal Amount:
U.S.$2,000,000,000
3.
Issue Price:
U.S.$ 1,999,800,000 which is 99.99 percent of
the Aggregate Principal Amount

4.
Issue Date:
July 1, 2022
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
7.
Specified Currency

(Condition 1(d)):
United States Dollars (U.S.$) being the lawful
currency of the United States of America
2
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 837
U.S.$2,000,000,000 3.25 percent Notes due July 1, 2024
4855-2680-4774 v.4

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

and Zero Coupon):
July 1, 2024
11. Interest Basis

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

(Condition 5(III)):
Issue Date (July 1, 2022)
13. Fixed Interest Rate (Condition 5(I)):

(a)
Interest Rate:
3.25 percent per annum

(b)
Fixed Rate Interest Payment

Date(s):
Semi-annually in arrear on January 1 and July
1 in each year, commencing on January 1,
2023.

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

(d)
Fixed Rate Day Count

Fraction(s):
30/360
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
3
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 837
U.S.$2,000,000,000 3.25 percent Notes due July 1, 2024
4855-2680-4774 v.4

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 UK Regulated
Market
2.
Details of Clearance System
Approved by the Bank and the
Global Agent and Clearance and
Settlement Procedures:
Federal Reserve Bank of New York; Euroclear
Bank SA/NV; Clearstream Banking S.A.
3.
Syndicated:
Yes
4.
If Syndicated:
(a)
Liability:
Several
(b)
Lead Managers:
BMO Capital Markets Corp.
Morgan Stanley & Co. International plc
Nomura International plc
Wells Fargo Securities, LLC
5.
Commissions and Concessions:
0.075 percent of the Aggregate Principal
Amount
6.
Estimated Total Expenses:
The Lead Managers have agreed to pay for all
material expenses related to the issuance of the
Notes, except the Issuer will pay for the
London Stock Exchange listing fees, if
applicable.
4
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 837
U.S.$2,000,000,000 3.25 percent Notes due July 1, 2024
4855-2680-4774 v.4

7.
Codes:

(a)
Common Code:
249669580

(b)
ISIN:
US4581X0EE44

(c)
CUSIP:
4581X0EE4
8.
Identity of Managers:
BMO Capital Markets Corp.
Morgan Stanley & Co. International plc
Nomura International plc
Wells Fargo Securities, LLC

Barclays Bank PLC
Merrill Lynch International
Citigroup Global Markets Limited
Daiwa Capital Markets Europe Limited
Deutsche Bank AG, London Branch
HSBC Bank plc
J.P. Morgan Securities plc
NatWest Markets Plc
RBC Capital Markets, LLC
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.: 837
U.S.$2,000,000,000 3.25 percent Notes due July 1, 2024
4855-2680-4774 v.4

(b)
United Kingdom:
Each of the Managers represents and agrees
that (a) it has only communicated or caused to
be communicated and will only communicate
or cause to be communicated an invitation or
inducement to engage in investment activity
(within the meaning of Section 21 of the
Financial Services and Markets Act 2000 (the
"FSMA")) received by it in connection with
the issue or sale of the Notes in circumstances
in which Section 21(1) of the FSMA does not
apply to the Bank, and (b) it has complied and
will comply with all applicable provisions of
the FSMA with respect to anything done by it
in relation to such Notes in, from or otherwise
involving the UK.
(c)
Singapore:
In the case of the Notes being offered into
Singapore in a primary or subsequent
distribution, and solely for the purposes of its
obligations pursuant to Section 309B of the
Securities and Futures Act (Chapter 289) of
Singapore (the "SFA"), the Issuer has
determined, and hereby notifies all relevant
persons (as defined in Section 309A of the
SFA) that the Notes are "prescribed capital
markets products" (as defined in the Securities
and Futures (Capital Markets Products)
Regulations 2018 of Singapore) and Excluded
Investment Products (as defined in MAS
Notice SFA 04-N12: Notice on the Sale of
Investment Products and MAS Notice FAA-
N16: Notice on Recommendations on
Investment Products).

(d)
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.
6
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 837
U.S.$2,000,000,000 3.25 percent Notes due July 1, 2024
4855-2680-4774 v.4

General Information
Additional Information Regarding the Notes
1.
Matters relating to UK MiFIR
The Bank does not fall under the scope of application of the UK MiFIR regime.
Consequently, the Bank does not qualify as an "investment firm", "manufacturer" or
"distributor" for the purposes of UK MiFIR.
UK MiFIR product governance / Retail investors, professional investors and
ECPs target market
Solely for the purposes of each UK manufacturer's 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 retail clients, as defined in point (8) of Article 2 of Regulation (EU)
No 2017/565 as it forms part of UK domestic law by virtue of the EUWA, eligible
counterparties, as defined in COBS, and professional clients, as defined in UK MiFIR; 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 UK
manufacturers' target market assessment; however, a distributor subject to the UK MiFIR
Product Governance Rules is responsible for undertaking its own target market assessment in
respect of the Notes (by either adopting or refining the UK manufacturers' target market
assessment) and determining appropriate distribution channels.
For the purposes of this provision, (i) the expression "UK manufacturers" means
Morgan Stanley & Co. International plc and Nomura International plc, (ii) the expression
"COBS" means the FCA Handbook Conduct of Business Sourcebook, (iii) the expression
"UK MiFIR" means Regulation (EU) No 600/2014 as it forms part of UK domestic law by
virtue of the EUWA and (iv) the expression "UK MiFIR Product Governance Rules" means
the FCA Handbook Product Intervention and Product Governance Sourcebook.
For the purposes of this provision, the expression UK MiFIR means Regulation (EU)
No 600/2014 as it forms part of UK domestic law by virtue of the EUWA.
INTER-AMERICAN DEVELOPMENT BANK
By:
Name: Gustavo Alberto De Rosa
Title:
Vice President for Finance and Administration &
Chief Financial Officer and
General Manager, Finance Department
7
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 837
U.S.$2,000,000,000 3.25 percent Notes due July 1, 2024
4855-2680-4774 v.4