Bond Interamerican Development Bank 0.26% ( US45818WCX20 ) in USD

Issuer	Interamerican Development Bank
Market price	100 % ⇌
Country	United States
ISIN code	US45818WCX20 ( in USD )
Interest rate	0.26% per year ( payment 2 times a year)
Maturity	29/02/2024 - Bond has expired
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Minimal amount	1 000 USD
Total amount	100 000 000 USD
Cusip	45818WCX2
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. The Inter-American Development Bank (IDB) recently concluded its financial obligation concerning a specific bond issuance, identified by ISIN US45818WCX20 and CUSIP 45818WCX2. As a prominent multilateral financial institution, the IDB serves as a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean, committing to reducing poverty, promoting sustainable growth, and fostering regional integration through its operations and capital markets activities. This particular bond, a fixed-income instrument issued from the United States, was valued at a market price of 100% and denominated in USD. It carried an annual interest rate of 0.26% and represented a total issuance size of 100,000,000 units, with a minimum purchase size set at 1,000 units. Interest payments were structured with a frequency of two per year. The bond reached its scheduled maturity date on February 29, 2024, and has since been fully redeemed, successfully concluding its lifecycle and fulfilling all obligations to bondholders.