Bond Interamerican Development Bank 0% ( XS0532001095 ) in USD

Issuer Interamerican Development Bank
Market price refresh price now   100 %  ⇌ 
Country  United States
ISIN code  XS0532001095 ( in USD )
Interest rate 0%
Maturity 15/08/2040



Prospectus brochure of the bond Inter-American Development Bank XS0532001095 en USD 0%, maturity 15/08/2040


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Detailed description The Inter-American Development Bank (IDB) is a regional development bank that provides financial and technical assistance to its borrowing member countries in Latin America and the Caribbean to promote economic development and social progress.

This financial article details a bond issued by the Inter-American Development Bank (IDB), a leading source of long-term financing and expertise for economic, social, and institutional development in Latin America and the Caribbean. Established in 1959 and owned by 48 member countries, the IDB is globally recognized for its robust financial strength, commitment to reducing poverty and inequality, and its role in providing vital support for projects ranging from infrastructure to social programs across the region. The specific bond under review carries the ISIN code XS0532001095 and was issued in the United States, denominated in US Dollars. It features a maturity date of August 15, 2040, positioning it as a long-term investment instrument. Notably, the bond has a 0% interest rate, indicating that it does not pay periodic coupons; in a conventional zero-coupon bond, investor returns are typically generated from the discount at which the bond is purchased relative to its face value at maturity. However, its current market price is quoted at 100% of par value. Despite the absence of a coupon, the bond's stated payment frequency is two per year, a characteristic usually associated with semi-annual coupon distributions but in this context, for a non-coupon bearing instrument, it may refer to other structural features or simply a standardized reporting field for bond characteristics. This issuance underscores the Inter-American Development Bank?s continued engagement with global capital markets to fund its development initiatives.