North American Development Bank (NADB) was established in 1994 and is headquartered in San Antonio, Texas, with the purpose of financing infrastructure projects that improve environmental quality in the U.S.-Mexico border region. The bank offers a range of financial services, including direct loans, credit enhancements, and technical assistance to support sustainable development projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NADB 0.20% 2027-10-26 CHFNorth American Development Bank | United States | 2027-10-26 | 0.200 | 0.26 |
| NADB 0.20% 2028-11-28 CHFNorth American Development Bank | United States | 2028-11-28 | 0.200 | 0.43 |
| NADB 0.30% 2026-07-24 CHFNorth American Development Bank | United States | 2026-07-24 | 0.300 | 0.21 |
| NADB 0.55% 2033-05-27 CHFNorth American Development Bank | United States | 2033-05-27 | 0.550 | 0.88 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
NADB has been active in the bond market since 1996, issuing a series of bonds to finance projects aimed at environmental sustainability. One notable issuance occurred in 2020 when the bank launched a $250 million bond at a yield of 1.75%, which garnered significant investor interest due to its alignment with green financing initiatives. As of October 2023, NADB's bonds typically yield lower than the industry average, reflecting the bank's strong credit rating and investor demand for socially responsible investments, further solidifying its position as a key player in cross-border financing efforts.