Bloomberg News

Inter-American Development Bank Said to Sell Dollar Bonds

January 04, 2012

Jan. 4 (Bloomberg) -- Inter-American Development Bank is selling five-year benchmark bonds in dollars that will be priced to yield eight basis points less than the swap rate, according to a banker involved in the deal.

HSBC Holdings Plc, JPMorgan Chase & Co. and RBC Capital Markets are managing the deal, the banker said.

To contact the reporter on this story: Hannah Benjamin in London at hbenjamin1@bloomberg.net

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net


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