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ItalianoBond Interamerican Development Bank 3.1% ( AU3CB0246353 ) in AUD
| Issuer | Interamerican Development Bank | ||
| Market price |  96.38 % ▲ |
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| Country |  United States
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| ISIN code |
 AU3CB0246353 ( in AUD )
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| Interest rate | 3.1% per year ( payment 2 times a year) | ||
| Maturity | 21/02/2028 | ||
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| Minimal amount | / | ||
| Total amount | / | ||
| Next Coupon | 22/02/2026 ( In 13 days ) | ||
| Detailed description |
The Inter-American Development Bank (IDB) is a regional development bank that provides loans, grants, and technical assistance to its borrowing member countries in Latin America and the Caribbean to promote economic development and social progress. An Australian Dollar (AUD) denominated bond, identified by ISIN AU3CB0246353, is currently available on the market at a price of 96.38% of its par value, representing a debt instrument issued from the United States by the Inter-American Development Bank (IDB), a preeminent multilateral development institution established to finance economic and social development projects throughout Latin America and the Caribbean, which, by virtue of its robust financial standing and support from member countries, provides a strong backing for its debt obligations; this particular bond offers a fixed annual interest rate of 3.1%, with coupon payments disbursed semi-annually, leading up to its maturity date on February 21, 2028. |
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