Bond Interamerican Development Bank 0.625% ( US4581X0DQ82 ) in USD

Interamerican Development Bank

100 % ▲

United States

US4581X0DQ82 ( in USD )

0.625% per year ( payment 2 times a year)

15/09/2027

Prospectus brochure of the bond Inter-American Development Bank (IDB) US4581X0DQ82 en USD 0.625%, maturity 15/09/2027

1 000 USD

1 500 000 000 USD

4581X0DQ8

16/03/2026 ( In 34 days )

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 US4581X0DQ82, pays a coupon of 0.625% per year.
The coupons are paid 2 times per year and the Bond maturity is 15/09/2027

EXECUTION VERSION

PRICING SUPPLEMENT
Inter-American Development Bank
Global Debt Program
Series No.: 764

U.S.$1,500,000,000 0.625 percent Notes due September 16, 2027
Issue Price: 99.822 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
Regulated Market

HSBC
BofA Securities
RBC Capital Markets

BMO Capital Markets
Citigroup
Daiwa Capital Markets
Deutsche Bank
J.P. Morgan
Morgan Stanley
Nomura
Scotiabank
TD Securities
Wells Fargo Securities

The date of this Pricing Supplement is September 14, 2020.
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 764
U.S.$1,500,000,000 0.625 percent Notes due September 16, 2027

DC_LAN01:385724.2

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 Financial Services and Markets Act 2000 or a
base prospectus for the purposes of Regulation (EU) 2017/1129). 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.
MiFID II product governance / Retail investors, professional investors and ECPs
target market See "General Information--Additional Information Regarding the Notes--
Matters relating to MiFID II" 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.:
764
2.
Aggregate Principal Amount:
U.S.$1,500,000,000
3.
Issue Price:
U.S.$1,497,330,000 which is 99.822 percent
of the Aggregate Principal Amount
4.
Issue Date:
September 16, 2020
5.
Form of Notes

(Condition 1(a)):
Book-entry only (not exchangeable for
Definitive Fed Registered Notes, Conditions
1(a) and 2(b) notwithstanding)
6.
Authorized Denomination(s)

(Condition 1(b)):
U.S.$1,000 and integral multiples thereof
7.
Specified Currency

(Condition 1(d)):
United States Dollars (U.S.$) being the lawful
currency of the United States of America
8.
Specified Principal Payment

Currency

(Conditions 1(d) and 7(h)):
U.S.$
2
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 764
U.S.$1,500,000,000 0.625 percent Notes due September 16, 2027

DC_LAN01:385724.2

9.
Specified Interest Payment Currency
(Conditions 1(d) and 7(h)):
U.S.$
10. Maturity Date

(Condition 6(a); Fixed Interest Rate
and Zero Coupon):
September 16, 2027
11. Interest Basis

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

(Condition 5(III)) :
Issue Date (September 16, 2020)
13. Fixed Interest Rate (Condition 5(I)):

(a)
Interest Rate:
0.625 percent per annum

(b)
Fixed Rate Interest Payment

Date(s):
Semi-annually in arrear on March 16 and
September 16 in each year, commencing on
March 16, 2021.

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

(Condition 6(e)):
No
17. Redemption at the Option of the

Noteholders (Condition 6(f)):
No
18. Governing Law:
New York
3
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 764
U.S.$1,500,000,000 0.625 percent Notes due September 16, 2027

DC_LAN01:385724.2

Other Relevant Terms

1.
Listing:
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 Regulated
Market
2.
Details of Clearance System

Approved by the Bank and the

Global Agent and Clearance and

Settlement Procedures:
Federal Reserve Bank of New York;
Euroclear Bank SA/NV; Clearstream Banking
S.A.

3.
Syndicated:
Yes
4.
If Syndicated:

(a)
Liability:
Several

(b)
Lead Managers:
HSBC Bank plc
Merrill Lynch International
RBC Capital Markets, LLC

5.
Commissions and Concessions:
0.150 percent of the Aggregate Principal
Amount
6.
Estimated Total Expenses:
None. The Joint Lead Managers have agreed
to pay for certain expenses related to the
issuance of the Notes.
7.
Codes:

(a)
Common Code:
223118208

(b)
ISIN:
US4581X0DQ82

(c)
CUSIP:
4581X0DQ8
4
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 764
U.S.$1,500,000,000 0.625 percent Notes due September 16, 2027

DC_LAN01:385724.2

8.
Identity of Managers:
HSBC Bank plc
Merrill Lynch International
RBC Capital Markets, LLC

BMO Capital Markets Corp.
Citigroup Global Markets Limited
Daiwa Capital Markets America Inc.
Deutsche Bank AG, London Branch
J.P. Morgan Securities plc
Morgan Stanley & Co. International plc
Nomura International plc
Scotiabank Europe plc
The Toronto-Dominion Bank
Wells Fargo Securities, LLC

9.
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:
Each of the Managers 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
United Kingdom.
(c)
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, each of the Managers
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.
5
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 764
U.S.$1,500,000,000 0.625 percent Notes due September 16, 2027

DC_LAN01:385724.2

General Information
Additional Information Regarding the Notes
1.
Matters relating to MiFID II
The Bank does not fall under the scope of application of the MiFID II regime.
Consequently, the Bank does not qualify as an "investment firm", "manufacturer" or
"distributor" for the purposes of MiFID II.
MiFID II product governance / Retail investors, professional investors and
ECPs target market Solely for the purposes of the manufacturers' product approval
process, the target market assessment in respect of the Notes has led to the conclusion that:
(i) the target market for the Notes is eligible counterparties, professional clients and retail
clients, each as defined in MiFID II; 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 manufacturers' target market assessment;
however, a distributor subject to MiFID II is responsible for undertaking its own target
market assessment in respect of the Notes (by either adopting or refining the manufacturers'
target market assessment) and determining appropriate distribution channels.
For the purposes of this provision, the expression "manufacturer" means HSBC
Bank plc and Merrill Lynch International.
For the purposes of this provision, the expression MiFID II means Directive
2014/65/EU, as amended.
6
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 764
U.S.$1,500,000,000 0.625 percent Notes due September 16, 2027
DC_LAN01:385724.2