The torrent of ESG supply shows no sign of slowing. Inter-American Development Bank’s debut sustainable development bond is set to come to market on Tuesday in sterling, alongside a sustainability bond from Bank Nederlandse Gemeenten.
The Inter-American Development Bank has picked banks for its first ever sustainable development bond — the issuer’s new socially responsible investment bond to complement its EYE (Education, Youth, Employment) bond offerings. The bond will be a seven year sterling global benchmark.
A banker at one of the