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IDB Invest Launches New 10-Year Transition Bond to Contribute to Paris Agreement Goals

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, placed a new 10-year, USD 100 million Transition Bond to support projects that contribute to the transition to a carbon-free society, and economic and social development through investment and financing of private companies in Latin America and the Caribbean. Meiji Yasuda Life Insurance company is the sole investor of the bond with Citigroup Global Markets Ltd. acting as dealer.

IDB invest supports companies in their climate transition to a low carbon and resilient economy by financing their climate related commitment and practices that leads them to technological changes, new business model adoption or efficiency measures which effectively address climate-related risks and contribute to alignment with the goals of the Paris Agreement, while being tailored to the sector and operating geographies.

This bond is the first green bond issued under IDB Invest’s Sustainable Debt Framework and is aligned with the UN Sustainable Development Goals 7 (Affordable Clean Energy) and 13 (Climate Action). The Sustainable Debt Framework was launched in February of this year with a US$1 billion, 5-year sustainability bond followed in March by a MXN2.5 billion, 3-year social gender bond.

IDB Invest’s framework is aligned with the Green Bond Principles and Social Bond Principles published by the International Capital Markets Association as certified by an independent second party opinion provided by Vigeo Eiris, a recognized international provider of environmental, social and governance (ESG) research and services.

Transaction Summary


Inter-American Investment Corporation (IDB Invest)

Issuer rating:

Aa1 / AA / AAA (Moody’s / S&P / Fitch)


USD 100 million

Settlement date:

June 11, 2021



Coupon payment dates:

June 11 and December 11, semiannual

Maturity date:

June 11, 2031


Not Listed

Clearing systems:

Euroclear and Clearstream

Lead Manager

Citigroup Global Markets Ltd.






About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social and environmental development in the region. With a portfolio of $13.1 billion in assets under management and 385 clients in 26 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Information on IDB Invest bonds is available at