IADB plots dollar benchmark as lending demand grows

The Inter-American Development Bank plans to print at least one more dollar benchmark in 2014 as it looks set to finish at the top end of its funding target for the year — and is also open to prefunding opportunities. The projection is at odds with its counterparts in Europe, several which have reduced funding targets over the course of 2014 and could lower them further thanks to the latest effort from the European Central Bank to inject pace into the sluggish eurozone economy.