Bond Interamerican Development Bank 7.5% ( XS1509110281 ) in BRL

Issuer	Interamerican Development Bank
Market price	100 % ⇌
Country	United States
ISIN code	XS1509110281 ( in BRL )
Interest rate	7.5% per year ( payment 1 time a year)
Maturity	18/11/2019 - Bond has expired
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Minimal amount	10 000 BRL
Total amount	18 800 000 BRL
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. A noteworthy financial instrument, the bond identified by ISIN code XS1509110281, issued by the esteemed Inter-American Development Bank (IDB), has successfully reached its maturity and been fully repaid. The Inter-American Development Bank, a premier source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean, was established in 1959 and is dedicated to reducing poverty and inequality while fostering sustainable growth through various financial products and technical assistance to its member countries. This particular bond, issued out of the United States, carried an annual interest rate of 7.5% and was denominated in Brazilian Real (BRL). The total issuance size for this bond was BRL 18,800,000, with a minimum purchase requirement of BRL 10,000. Upon its maturity on November 18, 2019, the bond, which had an annual payment frequency, was redeemed at 100% of its face value, signifying a successful conclusion for investors in this particular debt instrument issued by the IDB.