IDB Sees Strong Demand in Third Swiss Bond Sale of 2026
The Inter-American Development Bank (IDB) has successfully raised $183 million in its third Swiss bond sale of 2026, underscoring steady investor demand for sustainable development paper. The IDB priced eight-year notes at par to yield 0.945%, or 18 basis points over Saron mid-swaps.
The offering, which was sole-bookrun by BNP Paribas, initially planned to issue CHF100 million but was upsized in response to investor demand, funding officer Andre Delgado told LatinFinance.
This marks the IDB's third Swiss market sale this year, following January's $185 million 10-year notes and June's $175 million worth of 20-year notes. The IDB Group's public sector financing arm funds development across Latin America and the Caribbean through a range of transactions, including benchmark-sized deals in US dollars.