The Caribbean Development Bank (CDB), founded in 1970 and headquartered in CDB's capital of St. Michael, Barbados, aims to promote economic growth and social development in its member countries. The bank offers financial products including loans, technical assistance, and investment in regional projects to support infrastructure and sustainable development initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CARDEV 4.38% 2027-11-09 USDCaribbean Development Bank | Barbados | 2027-11-09 | 4.375 | 5.14 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CDB has been active in the bond market since its inception, launching its first bond issuance in 1972 to fund regional development projects. Notably, in 2020, CDB issued USD 250 million in bonds to enhance climate resilience across the Caribbean, reflecting its commitment to sustainable financing. Current yields on CDB bonds typically map favorably against other development banks, driven by strong demand and a commitment to high credit quality. The bank's bonds feature unique attributes such as green bonds, which specifically fund environmentally sustainable projects, underscoring its dual focus on economic and environmental goals.