IADB launches $2bn SDB global benchmark
The Inter-American Development Bank has priced a new $2 billion five-year sustainable development bond (SDB) global benchmark. The transaction pays a semi-annual coupon of 0.875% and matures on 3 April, 2025. It priced with a spread of 46.2 basis points over the 0.500% UST due 31 March, 2025,...