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    IDB Auctions Poverty Reduction Bonds

    By Ma. Rizza Leonzon // 17 January 2011

    The Inter-American Development Bank and Daiwa Securities Group have issued poverty reduction bonds to help curb poverty and boost living conditions in Latin America and the Caribbean. These, which are the bank’s first impact investment bonds of 2011, will be offered in Japan.

    The bank raised USD279 million from the sale of its first poverty reduction bonds in July last year.

    • Institutional Development
    • Banking & Finance
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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