IADB to follow AfDB with Covid-19 response bond

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By Burhan Khadbai
26 Mar 2020

The Inter-American Development Bank on Thursday started marketing a five year sustainable development bond in Global format as it looks to become third SSA borrower to jump into the dollar market this week. But SSA issuers that fund in euros will unlikely be able to mirror join the party.

The IADB named Crédit Agricole, Deutsche Bank, Goldman Sachs and JP Morgan to lead its transaction, which is expected to be launched on Friday.

The bond will be issued as part of the development bank’s Covid-19 response under its sustainable development framework with a ...

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