Bond Interamerican Dev Bank 0.015% ( US4581X0CK22 ) in USD
| Issuer | Interamerican Dev Bank | ||
| Market price | 100 % ⇌ | ||
| Country | United States
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| ISIN code |
US4581X0CK22 ( in USD )
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| Interest rate | 0.015% per year ( payment 2 times a year) | ||
| Maturity | 25/09/2018 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 500 000 000 USD | ||
| Cusip | 4581X0CK2 | ||
| Detailed description |
The Inter-American Development Bank (IDB) is a regional multilateral development institution that provides financial and technical assistance to its borrowing member countries in Latin America and the Caribbean to promote economic and social development. A specific fixed-income instrument, identified by ISIN US4581X0CK22 and CUSIP 4581X0CK2, issued by the Inter-American Development Bank, has successfully concluded its lifecycle. The Inter-American Development Bank (IDB), a prominent multilateral development bank, serves as the leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean, while also setting high standards for environmental and social safeguards. Headquartered in the United States, this particular bond, denominated in USD, was structured with a coupon rate of 0.015% and paid interest semi-annually. The total size of this issuance amounted to $500,000,000, with a minimum purchase increment set at $1,000. This debt instrument, last observed trading at par (100% of its face value) on the market, reached its scheduled maturity on September 25, 2018, and has since been fully redeemed, signifying a successful repayment to all bondholders by the issuer. |
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