Obligation Interamerican Development Bank 1% ( CA458182EG34 ) en CAD

Interamerican Development Bank

100 % ⇌

Etas-Unis

CA458182EG34 ( en CAD )

1% par an ( paiement annuel )

29/06/2026

Prospectus brochure de l'obligation Inter-American Development Bank (IDB) CA458182EG34 en CAD 1%, échéance 29/06/2026

1 000 CAD

750 000 000 CAD

458182EG3

29/06/2026 ( Dans 140 jours )

La Banque interaméricaine de développement (BID) est une institution financière de développement multilatérale qui ?uvre à améliorer la vie des habitants de l'Amérique latine et des Caraïbes en finançant des projets de développement économique, social et environnemental.

L'Obligation émise par Interamerican Development Bank ( Etas-Unis ) , en CAD, avec le code ISIN CA458182EG34, paye un coupon de 1% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 29/06/2026

EXECUTION VERSION

PRICING SUPPLEMENT

Inter-American Development Bank

Global Debt Program

Series No: 801

CAD750,000,000 1.00 percent Notes due June 29, 2026 (the "Notes")

Issue Price: 99.433 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
UK Regulated Market

CIBC World Markets
National Bank Financial
RBC Dominion Securities
Scotiabank

The date of this Pricing Supplement is June 23, 2021.

PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026

4840-8514-8655 v.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 ("UK") Financial Services and Markets Act
2000 or a base prospectus for the purposes of Regulation (EU) 2017/1129 (as amended, the
"Prospectus Regulation") or the Prospectus Regulation as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("EUWA")). 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 and UK MiFIR product governance / Retail investors, professional investors
and ECPs target market See "General Information--Additional Information Regarding
the Notes--Matters relating to MiFID II and UK MiFIR" 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.:
801
2.
Aggregate Principal Amount:
CAD750,000,000
3.
Issue Price:
745,747,500,000, which amount represents
99.433 percent of the Aggregate Principal
Amount
4.
Issue Date:
June 29, 2021
5.
Form of Notes

(Condition 1(a)):
Registered only, as further provided in
paragraph 9(c) of "Other Relevant Terms"
below
See also "Additional Information regarding the
Description of the Notes--Form,
Denomination and Registration" below.
6.
New Global Note:
No
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
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4840-8514-8655 v.2

7.
Authorized Denomination(s)

(Condition 1(b)):
CAD1,000 and integral multiples thereof
8.
Specified Currency

(Condition 1(d)):
Canadian Dollars ("CAD") being the lawful
currency of Canada
9.
Specified Principal Payment

Currency

(Conditions 1(d) and 7(h)):
CAD
10.
Specified Interest Payment

Currency

(Conditions 1(d) and 7(h)):
CAD
11.
Maturity Date

(Condition 6(a); Fixed Interest

Rate):
June 29, 2026
12.
Interest Basis

(Condition 5):
Fixed Interest Rate (Condition 5(I))
13.
Interest Commencement Date

(Condition 5(III)) :
June 29, 2021 (Issue Date)
14.
Fixed Interest Rate (Condition

5(I)):
(a)
Interest Rate:
1.00 percent per annum
(b)
Fixed Rate Interest

Payment Date(s):
Semi-annually in arrears on June 29 and
December 29 in each year, commencing on
December 29, 2021, up to and including the
Maturity Date.

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
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
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(d)
Fixed Rate Day Count

Fraction(s):
Actual/Actual Canadian Compound Method,
which means when calculating interest for a
full semi-annual fixed rate interest period,
the day count convention is 30/360 and
when calculating interest for a period other
than a full semi-annual fixed rate interest
period, the day count convention is
Actual/365 (Fixed).

15.
Relevant Financial Center:
London, Toronto, New York
16.
Relevant Business Day:
London, Toronto, New York
17.
Issuer's Optional Redemption

(Condition 6(e)):
No
18.
Redemption at the Option of the

Noteholders (Condition 6(f)):
No
19.
Governing Law:
New York
Other Relevant Terms
1.
Listing (if yes, specify Stock

Exchange):
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 UK Regulated
Market with effect from the Issue Date.

2.
Details of Clearance System

Approved by the Bank and the

Global Agent and Clearance and
Settlement Procedures:
CDS Clearing and Depository Services Inc.
("CDS") and through direct or indirect
participation in CDS: DTC, Euroclear Bank
SA/NV and Clearstream Banking S.A.

For Clearance and Settlement Procedures, see
"Additional Information regarding Clearing and
Settlement" below.

3.
Syndicated:
Yes
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
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4840-8514-8655 v.2

4.
If Syndicated:

(a)
Liability:
Several
(b)
Lead Manager:
Scotiabank Europe plc
5.
Commissions and Concessions:
0.075% of the Aggregate Principal Amount
6.
Estimated Total Expenses:
The Managers have agreed to pay for all
material expenses related to the issuance of the
Notes, except the Issuer will pay for the London
Stock Exchange listing fees, if applicable.

7.
Codes:

(a)
Common Code:
235748703
(b)
ISIN:
CA458182EG34
(c)
CUSIP:
458182EG3
8.
Identity of Dealers:
CIBC World Markets Inc.
National Bank Financial Inc.
RBC Dominion Securities Inc.
Scotiabank Europe plc

9.
Provisions for Registered Notes:

(a)
Individual Definitive

Registered Notes

Available on Issue Date:
No
(b)
DTC Global Note(s):
No

(c)
Other Registered Global

Notes:
Yes, issued in accordance with the Amended
and Restated Global Agency Agreement, dated
as of July 28, 2020, as amended from time to
time, between the Bank, Citibank, N.A.,
London Branch as Global Agent, and the other
parties thereto. See "Additional Information
regarding the Description of the Notes--Form,
Denomination and Registration" below.
10.
Intended to be held in a manner

which would allow Eurosystem

eligibility:
Not Applicable
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
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4840-8514-8655 v.2

11.
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
(a) it has only communicated or caused to be

communicated and will only communicate or

cause to be communicated an invitation or

inducement to engage in investment activity

(within the meaning of Section 21 of the

Financial Services and Markets Act 2000 (the

"FSMA")) received by it in connection with the

issue or sale of the Notes in circumstances in

which Section 21(1) of the FSMA does not

apply to the Bank, and (b) it has complied and

will comply with all applicable provisions of

the FSMA with respect to anything done by it

in relation to such Notes in, from or otherwise

involving the UK.

(c) Singapore:
In the case of the Notes being offered into
Singapore in a primary or subsequent
distribution, and solely for the purposes of its
obligations pursuant to Section 309B of the
Securities and Futures Act (Chapter 289) of
Singapore (the "SFA"), the Issuer has
determined, and hereby notifies all relevant
persons (as defined in Section 309A of the SFA)
that the Notes are "prescribed capital markets
products" (as defined in the Securities and
Futures (Capital Markets Products) Regulations
2018 of Singapore) and Excluded Investment
Products (as defined in MAS Notice SFA 04-
N12: Notice on the Sale of Investment Products
and MAS Notice FAA-N16: Notice on
Recommendations on Investment Products).

PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
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4840-8514-8655 v.2

(d) 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 Dealer 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.
General Information
Additional Information Regarding the Notes
1.
Use of Proceeds

The net proceeds from the sale of the Notes will be included in the ordinary capital
resources of the Bank and, will not be committed or earmarked for lending to, or financing
of, any specific loans, projects or programs. The Bank, in partnership with its member
countries, works to reduce poverty and inequalities in Latin America and the Caribbean by
promoting economic and social development in a sustainable, climate friendly way.

The Bank's strategic priorities include social inclusion and equality, productivity
and innovation and economic integration along with three cross-cutting issues: gender
equality and diversity, climate change and environmental sustainability, and institutional
capacity and the rule of law. Each strategic priority of the Bank aligns to at least one of the
United Nations Sustainable Development Goals ("SDGs"), with all goals covered within
the Bank's institutional strategy, which may be adapted from time to time should the
United Nations SDGs definition evolve.

All projects undertaken by the Bank go through the Bank's rigorous sustainability
framework. The framework tracks measurable results, adherence to lending targets and the
effectiveness of its environmental and social safeguards. The Bank's administrative and
operating expenses are currently covered entirely by the Bank's various sources of
revenue, consisting primarily of net interest margin and investment income (as more fully
described in the Bank's Information Statement).
2.
Matters relating to MiFID II and UK MiFIR
The Bank does not fall under the scope of application of either the MiFID II or the
UK MiFIR regime. Consequently, the Bank does not qualify as an "investment firm",
"manufacturer" or "distributor" for the purposes of MiFID II or UK MiFIR.
MiFID II product governance / Retail investors, professional investors and
ECPs target market
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
7
4840-8514-8655 v.2

Solely for the purposes of the EU manufacturer's 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 EU manufacturer's 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 EU manufacturer's
target market assessment) and determining appropriate distribution channels.
For the purposes of this provision, the expression "EU manufacturer" means CIBC World
Markets Inc., and the expression "MiFID II" means Directive 2014/65/EU, as amended.
UK MiFIR product governance / Retail investors, professional investors and
ECPs target market Solely for the purposes of each UK manufacturer's 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 retail clients, as defined in point (8) of
Article 2 of Regulation (EU) No 2017/565 as it forms part of UK domestic law by virtue of
the EUWA, eligible counterparties, as defined in COBS, and professional clients, as
defined in UK MiFIR; 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 UK manufacturers' target market assessment; however, a
distributor subject to the UK MiFIR Product Governance Rules is responsible for
undertaking its own target market assessment in respect of the Notes (by either adopting or
refining the UK manufacturers' target market assessment) and determining appropriate
distribution channels.
For the purposes of this provision, (i) the expression "UK manufacturer" means CIBC
World Markets Inc. and Scotiabank Europe plc, (ii) the expression "COBS" means the
FCA Handbook Conduct of Business Sourcebook, (iii) the expression "UK MiFIR" means
Regulation (EU) No 600/2014 as it forms part of UK domestic law by virtue of the EUWA
and (iv) the expression "UK MiFIR Product Governance Rules" means the FCA Handbook
Product Intervention and Product Governance Sourcebook.

Additional Information regarding the Description of the Notes
Form, Denomination and Registration
The Notes will be issued in the form of a fully registered global note registered in the name
of CDS & CO., as nominee of CDS and held by CDS (the "Global Note"). Beneficial
interests in the Global Note will be represented through book-entry accounts of financial
institutions acting on behalf of beneficial owners as direct and indirect participants in CDS.
Investors may elect to hold interests in the Global Note directly through any of CDS (in
Canada), DTC (in the United States) or Clearstream Banking S.A. or Euroclear Bank SA/NV
(in Europe) if they are participants of such systems, or indirectly through organizations which
are participants in such systems. DTC will hold interests on behalf of its participants directly
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
8
4840-8514-8655 v.2

through its account at CDS and Clearstream Banking S.A. and Euroclear Bank SA/NV will
hold interests on behalf of their participants through customers' securities accounts in their
respective names on the books of their respective Canadian subcustodians, each of which is
a Canadian schedule I chartered bank ("Canadian Subcustodians"), which in turn will hold
such interests in customers' securities accounts in the names of the Canadian Subcustodians
on the books of CDS. Except in the limited circumstances described below under "Definitive
Certificates", owners of beneficial interests in the Global Note will not be entitled to have
Notes registered in their names, will not receive or be entitled to receive physical delivery of
Notes in definitive form and will not be considered owners or holders thereof under the
Global Agency Agreement.
All Notes will be recorded in a register maintained by the Registrar and will be registered in
the name of CDS & CO. (or such other nominees of CDS as an authorized representative of
CDS may advise) for the benefit of owners of beneficial interests in the Global Note,
including participants of DTC, Clearstream Banking S.A. and Euroclear Bank SA/NV.
Definitive Certificates
No beneficial owner of the Notes will be entitled to receive physical delivery of the Notes
in definitive form except in the following limited circumstances:
(i) CDS notifies the Bank that it is unwilling or unable to continue as depository for the
Notes and a successor depository is not appointed by the Bank within 90 working days after
receiving such notice; or (ii) CDS ceases to be a recognized clearing agency under applicable
provincial or Canadian federal securities legislation and no successor clearing system
satisfactory to the Bank is available within 90 days after the Bank becoming aware that CDS
is no longer so recognized, the Bank will issue or cause to be issued fully registered Notes in
definitive form upon registration of, transfer of, or in exchange for, the Global Note. The
Bank may also at any time and in its sole discretion determine not to have any of the Notes
held in the form of the Global Note and, in such event, will issue or cause to be issued fully
registered Notes in definitive form upon registration of, transfer of, or in exchange for, such
Global Note.
Additional Information regarding Clearing and Settlement
Links have been established among CDS, DTC, Clearstream Banking S.A. and Euroclear
Bank SA/NV to facilitate initial issuance of the Notes and cross-market transfers of the Notes
associated with secondary market trading. CDS will be directly linked to DTC and linked to
Clearstream Banking S.A. and Euroclear Bank SA/NV through the CDS accounts of their
respective Canadian Subcustodians.
The Clearing Systems
CDS was formed in November 2006 pursuant to the restructuring of The Canadian
Depository for Securities Limited ("CDS Ltd.") After the restructuring, CDS Ltd.,
incorporated in 1970, remains the holding company for CDS and two other operating
subsidiaries. CDS is Canada's national securities clearing and depositary services
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
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4840-8514-8655 v.2

organization. Functioning as a service utility for the Canadian financial community, CDS
provides a variety of computer automated services for financial institutions and investment
dealers active in domestic and international capital markets. CDS participants ("CDS
Participants") include banks (including the Canadian Subcustodians), investment dealers and
trust companies and may include certain of the Managers. Indirect access to CDS is available
to other organizations that clear through or maintain a custodial relationship with a CDS
Participant. Transfers of ownership and other interests, including cash distributions, in Notes
in CDS may only be processed through CDS Participants and will be completed in
accordance with existing CDS rules and procedures. CDS operates in Montreal, Toronto,
Calgary and Vancouver to centralize securities clearing functions through a central securities
depositary.
Global Clearance and Settlement Procedures
Initial settlement for the Notes will be made in immediately available Canadian dollar funds.
Secondary market trading between CDS Participants will be in accordance with market
conventions applicable to transactions in book-based Canadian domestic bonds. Secondary
market trading between DTC participants will occur in the ordinary way in accordance with
DTC rules. Secondary market trading between Clearstream Banking S.A. participants and
or Euroclear Bank SA/NV participants will occur in the ordinary way in accordance with the
applicable rules and operating procedures of Clearstream Banking S.A. and Euroclear Bank
SA/NV and will be settled using the procedures applicable to conventional Eurobonds in
immediately available funds.
Transfers between CDS and DTC, Clearstream Banking S.A. or Euroclear Bank SA/NV.
Cross-market transfers between persons holding directly or indirectly through CDS
Participants, on the one hand, and directly or indirectly through DTC, Clearstream Banking
S.A. or Euroclear Bank SA/NV participants, on the other, will be effected in CDS in
accordance with CDS rules; however, such cross-market transactions will require delivery
of instructions to the relevant clearing system by the counterparty in such system in
accordance with its rules and procedures and within its established deadlines. The relevant
clearing system will, if the transaction meets its settlement requirements, deliver instructions
to CDS directly or through its Canadian Subcustodian to take action to effect final settlement
on its behalf by delivering or receiving Notes in CDS, and making or receiving payment in
accordance with normal procedures for settlement in CDS. DTC participants, Clearstream
Banking S.A. participants and Euroclear Bank SA/NV participants may not deliver
instructions directly to CDS or the Canadian Subcustodians.
Because of time-zone differences, credits of Notes received in Clearstream Banking S.A. or
Euroclear Bank SA/NV as a result of a transaction with a CDS Participant will be made
during subsequent securities settlement processing and dated the business day following the
CDS settlement date. Such credits or any transactions in such Notes settled during such
processing will be reported to the relevant Clearstream Banking S.A. participants or
Euroclear Bank SA/NV participants on such business day. Cash received in Clearstream
Banking S.A. or Euroclear Bank SA/NV as a result of sales of Notes by or through a
PRICING SUPPLEMENT
Inter-American Development Bank Global Debt Program Series No.: 801
CAD750,000,000 1.00 percent Notes due June 29, 2026
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4840-8514-8655 v.2

Document Outline

#1">PRICING SUPPLEMENT
#1">Inter-American Development Bank Global Debt Program