IADB launches inaugural Indonesian ruipiah Sustainable Development Bond

Region:

Asia-Pacific

The Inter-American Development Bank (IADB) has priced a new three-year fixed rate Sustainable Development Bond in Indonesian ruipiah valued at IDR1,375,500 billion ($100 million).

Deutsche Bank acted as sole arranger. The transaction represents the IADB’s inaugural SDB issuance in Indonesian ruipiah. Proceeds will be directed to support sustainable development in IDB’s member countries.

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