The Inter-American Development Bank (IDB), founded in 1959 and headquartered in Washington, D.C., aims to foster economic and social development in Latin America and the Caribbean. It provides financial and technical assistance for various projects and programs across multiple sectors, including infrastructure, education, and healthcare, to improve the quality of life in the region.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
IDB has been an active bond issuer since its establishment, with significant issuances such as the inaugural US$1 billion bond in 1963, which was pivotal in financing development projects. The bank’s bonds are known for their AAA credit rating, making them attractive to investors, and they typically feature diverse maturities and currencies. Current yields are competitive compared to the industry, reflecting strong investor confidence. Notably, the IDB launched a Green Bond initiative in 2018, focusing on financing sustainable projects, which has steadily gained traction in recent years.