Bond Interamerican Development Bank 0.5% ( XS0965896110 ) in MXN

Issuer	Interamerican Development Bank
Market price	100 % ⇌
Country	United States
ISIN code	XS0965896110 ( in MXN )
Interest rate	0.5% per year ( payment 1 time a year)
Maturity	05/09/2023 - Bond has expired
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Minimal amount	10 000 MXN
Total amount	1 500 000 000 MXN
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 Inter-American Development Bank (IDB), a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean, recently oversaw the maturity and redemption of one of its debt securities. This particular bond, identified by ISIN XS0965896110, was issued in the United States and denominated in Mexican Pesos (MXN). With an original total issuance size of 1,500,000,000 MXN, the instrument carried an annual interest rate of 0.5% and stipulated a minimum purchase amount of 10,000 MXN. Having reached its maturity date on September 5, 2023, the bond was redeemed at 100% of its face value, signifying the successful conclusion of its investment term and full repayment to bondholders.