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# IDB Invest Prices USD 1 Billion Five-Year Global Bond at 4.375%
- URL: https://www.theglobalbanker.com/idb-invest-prices-usd-1-billion-five-year-global-bond-at-4-375-percent/
- Published: 2026-05-21T18:30:00.000Z
- Updated: 2026-10-01T23:46:39.000Z
- Description: IDB Invest priced a USD 1bn five-year global bond at a 4.375% coupon with a USD 2.45bn order book to fund private-sector financing across Latin America and the Caribbean.
- Author: TGB Editorial Team
- Tags: Banking News, Americas

IDB Invest has priced a USD 1 billion five-year global bond at a coupon of 4.375%, drawing an order book of USD 2.45 billion, the private-sector arm of the Inter-American Development Bank Group said. The transaction was announced on 21 May 2026.

The bond, issued under IDB Invest's Global Debt Program, is intended to expand financing for companies operating in Latin America and the Caribbean, the institution said.

#### STRONG DEMAND ACROSS INVESTOR BASE

The USD 2.45 billion order book covered the USD 1 billion transaction by more than two times, with broad participation across geographies and investors, IDB Invest said.

The bond carries a 4.375% fixed semi-annual coupon, was priced at 99.911% for a yield of 4.395%, and matures on 28 May 2031\. IDB Invest said the spread of 8.83 basis points over five-year US Treasuries was its tightest ever.

Goldman Sachs, JP Morgan, Nomura and Scotiabank acted as joint lead managers on the transaction. 

#### PROCEEDS FOR PRIVATE-SECTOR FINANCING

IDB Invest finances sustainable companies and projects in Latin America and the Caribbean and has a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries.

The deal was IDB Invest's first public transaction in the US dollar market this year and provides a new on-the-run point on its US dollar curve in the 2031 maturity bucket.

Orlando Ferreira, CFO of IDB Invest, said the transaction "is a new milestone for IDB Invest, achieving our tightest-ever spread to U.S. Treasuries, a clear reflection of the confidence the global investor community places in our institution and its mission."