United States Idb Tender

The Inter-American Development Bank IADB or IDB selected CastleOak Securities L.P. a leading New York-based boutique investment banking firm to join its Discount Note dealer group of six investment banks. Discount Notes are short-term debt instruments denominated in U.S. dollars with maturities ranging from overnight to 360 days.This new partnership allows the IDB to leverage CastleOaks expertise and strong distribution network in the U.S. CastleOak has been recognized as the number one ranked minority-owned underwriter of supranational debt and has maintained that rank since 2011 when it first started assisting multilateral development banks with outreach to U.S. institutional investors.