IDB Invest underwhelms in fixed rate debut

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IDB Invest underwhelms in fixed rate debut

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a wallet full of dollars | Piotr LATACHA/piotr290 - Fotolia

IDB Invest, the private sector arm of the Inter-American Development Bank, failed to set the market alight with its debut fixed rate benchmark bond on Wednesday. There were no book updates and the trade was priced at the same level as initial price thoughts.

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