IADB lands its biggest ever dollar bond

The Inter-American Development Bank brought the second jumbo supranational deal this week as the improvement in market conditions brings confidence back to investors .
On Friday, IADB raised an impressive $4.25bn with a May 2023 global sustainable bond at a spread of mid-swaps plus 15bp, 4bp inside of initial price thoughts via Barclays, HSBC, Nomura and RBC Capital Markets. The books were last heard at over $7.8bn.
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