Bond Interamerican Development Bank 2.25% ( US4581X0BN79 ) in USD
| Issuer | Interamerican Development Bank | ||
| Market price | 100 % ⇌ | ||
| Country | United States
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| ISIN code |
US4581X0BN79 ( in USD )
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| Interest rate | 2.25% per year ( payment 2 times a year) | ||
| Maturity | 15/07/2015 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 475 000 000 USD | ||
| Cusip | 4581X0BN7 | ||
| Standard & Poor's ( S&P ) rating | N/A | ||
| Moody's rating | N/A | ||
| 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 analysis of the fixed-income market reveals the specifics of a particular bond issuance, identified by ISIN US4581X0BN79 and CUSIP 4581X0BN7. This financial instrument, denominated in United States Dollars (USD), featured a coupon interest rate of 2.25% and was issued with a total principal amount of $475,000,000. Investors were able to acquire this bond with a minimum purchase size of $1,000. The bond was characterized by semi-annual interest payments and had a defined maturity date of July 15, 2015. The esteemed issuer of this bond was the Inter-American Development Bank (IDB), a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. Headquartered in Washington D.C., and recognized for its strong credit ratings from major agencies, the IDB operates as a multilateral development bank committed to fostering sustainable growth and reducing poverty throughout its member countries in the Americas. Its role extends beyond financing to providing comprehensive research, policy advice, technical assistance, and training to both public and private sector entities, thereby contributing significantly to regional stability and progress. The issuance of this bond from the United States underscored the IDB's global financial reach and its capacity to mobilize capital for its development mandate. At the point of its market existence, the bond's price was observed at 100% of its face value, indicating it traded at par. As of its maturity date on July 15, 2015, this specific obligation has successfully concluded its term and has been fully redeemed, with principal and final interest payments having been disbursed to bondholders. |
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