IDB launches $4.25 Billion 5-year Global Sustainable Development Bond Benchmark
The Inter-American Development Bank (IDB) priced a new $4.25 billion 5-year Global Sustainable Development Bond benchmark.

The transaction pays a semi-annual coupon of 4.500% and matures on February 15, 2030. It was priced with a spread of 42 basis points over SOFR mid-swaps, equivalent to +12.18 basis points over 4.375% United States Treasury due December 31, 2029. The bond carries a semi-annual yield of 4.569%.
Final order books exceeded $10.4 billion from 155 participating accounts. The broad and global distribution of this transaction reaffirms IDB’s support within the global investor community.
“We are delighted with the transaction as it attracted our largest-ever USD global benchmark bond order book and investor participation,” said Laura Fan, IDB Head of Funding. “The strong demand for the 5-year maturity allowed us to issue a larger size than originally planned. It is a great start to the year, and we will continue building our USD global benchmark curve in 2025.”