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ItalianoBond Interamerican Development Bank 3% ( NZIDBDT005C0 ) in NZD
| Issuer | Interamerican Development Bank |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 NZIDBDT005C0 ( in NZD )
|
| Interest rate | 3% per year ( payment 1 time a year) |
| Maturity | 25/01/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 NZD |
| Total amount | 375 000 000 NZD |
| 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. This financial article focuses on a recently matured debt instrument issued by the Inter-American Development Bank (IDB), a prominent multilateral development bank dedicated to fostering economic and social development across Latin America and the Caribbean. The bond, identified by ISIN NZIDBDT005C0, was an issuance from the United States denominated in New Zealand Dollars (NZD), carrying an annual interest rate of 3%. With a total issuance size of NZD 375,000,000 and a minimum purchase increment of NZD 1,000, this security has successfully reached its maturity on January 25, 2023, and has been fully repaid to investors at its par value of 100%. |