Bond Interamerican Development Bank 0.375% ( US45818WDE30 ) in USD

Issuer Interamerican Development Bank
Market price 100 %  ⇌ 
Country  United States
ISIN code  US45818WDE30 ( in USD )
Interest rate 0.375% per year ( payment 2 times a year)
Maturity 07/05/2024 - Bond has expired



Prospectus brochure of the bond Inter-American Development Bank (IDB) US45818WDE30 in USD 0.375%, expired


Minimal amount /
Total amount /
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 Bond issued by Interamerican Development Bank ( United States ) , in USD, with the ISIN code US45818WDE30, pays a coupon of 0.375% per year.
The coupons are paid 2 times per year and the Bond maturity is 07/05/2024







EXECUTION VERSION
PRICING SUPPLEMENT
Inter-American Development Bank
Global Debt Program
Series No: 797
U.S.$35,000,000 0.375 percent Notes due May 7, 2024 (the "Notes")
Issue Price: 99.887 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
Scotiabank
The date of this Pricing Supplement is May 4, 2021.
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 797
U.S.$35,000,000 0.375 percent Notes due May 7, 2024
4839-9913-4951 v. 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 ("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 / Professional investors and ECPs target market ­ See
"General Information--Additional Information Regarding the Notes--Matters relating to
MiFID II and 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.:
797
2.
Aggregate Principal Amount:
U.S.$35,000,000
3.
Issue Price:
U.S.$34,960,450, which is 99.887 percent
of the Aggregate Principal Amount

4.
Issue Date:
May 7, 2021
5.
Form of Notes

(Condition 1(a)):
Registered only
6.
New Global Note:
No
7.
Authorized Denomination(s)

(Condition 1(b)):
U.S.$200,000 and integral multiples thereof
8.
Specified Currency

(Condition 1(d)):
United States Dollars (U.S.$) being the
lawful currency of the United States of
America
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PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 797
U.S.$35,000,000 0.375 percent Notes due May 7, 2024

4839-9913-4951 v. 2




9.
Specified Principal Payment

Currency

(Conditions 1(d) and 7(h)):
U.S.$
10.
Specified Interest Payment Currency
(Conditions 1(d) and 7(h)):
U.S.$
11.
Maturity Date

(Condition 6(a); Fixed Interest Rate

and Zero Coupon):
May 7, 2024
12.
Interest Basis

(Condition 5):
Fixed Interest Rate (Condition 5(I))
13.
Interest Commencement Date

(Condition 5(III)):
Issue Date
14.
Fixed Interest Rate (Condition 5(I)):

(a)
Interest Rate:
0.375 percent per annum
(b)
Fixed Rate Interest Payment

Date(s):
Semi-annually in arrear on May 7 and
November 7 in each year, commencing
on November 7, 2021, up to and
including the Maturity Date.

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
15.
Relevant Financial Center:
New York
16.
Relevant Business Day:
New York
17.
Issuer's Optional Redemption

(Condition 6(e)):
No



3

PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 797
U.S.$35,000,000 0.375 percent Notes due May 7, 2024

4839-9913-4951 v. 2




18.
Redemption at the Option of the

Noteholders (Condition 6(f)):
No
19.
Governing Law:
New York
Other Relevant Terms
1.
Listing (if yes, specify Stock

Exchange):
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:
The Depository Trust Company (DTC);
Euroclear Bank SA/NV and/or Clearstream
Banking S.A.

3.
Syndicated:
No
4.
Commissions and Concessions:
0.02 percent of the Aggregate Principal
Amount

5.
Estimated Total Expenses:
The Dealer has 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.

6.
Codes:

(a)
Common Code:
234014846
(b)
ISIN:
US45818WDE30
7.
Identity of Dealer(s)/Manager(s):
Scotiabank Europe plc
8.
Provisions for Registered Notes:

4

PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 797
U.S.$35,000,000 0.375 percent Notes due May 7, 2024

4839-9913-4951 v. 2




(a)
Individual Definitive

Registered Notes Available

on Issue Date:
No
(b)
DTC Global Note(s):
Yes, issued in accordance with the
Amended and Restated Global Agency
Agreement, dated as of July 28, 2020,
between the Bank, Citibank, N.A., London
Branch as Global Agent, and the other
parties thereto.

(c)
Other Registered Global

Notes:
No
9.
Intended to be held in a manner

which would allow Eurosystem

eligibility:
Not Applicable
10.
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.

(b) United Kingdom:
The Dealer represents and agrees that it has
complied and will comply with all
applicable provisions of the Financial
Services and Markets Act 2000 with respect
to anything done by it in relation to such
Notes in, from or otherwise involving the
UK.

5

PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 797
U.S.$35,000,000 0.375 percent Notes due May 7, 2024

4839-9913-4951 v. 2




(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, the
Dealer 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 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 / Professional investors and ECPs target
market ­ Solely for the purposes of the UK manufacturer's product approval process, the
target market assessment in respect of the Notes has led to the conclusion that: (i) the target
6

PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 797
U.S.$35,000,000 0.375 percent Notes due May 7, 2024

4839-9913-4951 v. 2


market for the Notes is 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 manufacturer's 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 manufacturer's target market assessment) and determining appropriate
distribution channels.
For the purposes of this provision, (i) the expression "UK manufacturer"
means the Dealer, (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.
INTER-AMERICAN DEVELOPMENT BANK
7
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 797
U.S.$35,000,000 0.375 percent Notes due May 7, 2024
4839-9913-4951 v. 2


Document Outline