IDB Invest Issues Its Ninth Local-Currency Bond in Paraguay to Support Small and Medium-Sized Businesses

ASUNCIÓN - IDB Invest issued its ninth local-currency bond in the Paraguayan capital market for 180 billion guaraníes (approximately US$ 29 million) to support the expansion of long-term financing for local small and medium-sized enterprises (SMEs).

SMEs are a key pillar of the country's economy, yet they face limited access to credit and a scarce supply of financial products tailored to their needs. Through this transaction, IDB Invest aims to provide financial support to critical sectors for the country's economic growth.

The bond carries a coupon of 7.35% and a tenor of 6 years. It was placed with a diversified base of local institutional investors, reflecting strong demand and confidence in IDB Invest and its development mandate. Cadiem and Itaú Invest acted as dealers in the issuance. With this operation, IDB Invest continues to reinforce its commitment to deepening local capital markets and expanding access to long-term financing in guaraníes.

"Our ninth bond issuance in Paraguay - five of which were issued in the last three years - underscores IDB Invest's long-term commitment to mobilizing local capital to support private-sector growth. Our strong track record reflects the continued confidence of Paraguayan investors in IDB Invest and in the country's capital markets," said Orlando Ferreira, IDB Invest's Chief Financial Officer.

Local currency financing remains central to IDB Invest's strategy, helping clients mitigate exchange rate risks and access financing aligned with their revenue streams. This issuance continues to build on IDB Invest's strong track record in Paraguay's capital markets. Since becoming the first multilateral development bank to issue local-currency bonds in Paraguay, IDB Invest has established itself as a recurring issuer in the local markets.

Issuance Summary

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 $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.

About CADIEM

CADIEM Casa de Bolsa S.A. has been operating in the Paraguayan Stock Market for more than 20 years, was founded in 2003 at the very beginning of the stock market in 2003, with the aim of contributing to its development through the offer of various products and financial services. CADIEM works with a large portfolio of investors in the country and a broad portfolio of products, seeking to improve people's quality of life through savings, investment, and personal finance education.

About Itaú Invest

Itaú Invest is the investment platform of Itaú Unibanco Holding in Paraguay, specializing in providing investment solutions for individuals, companies, and institutional investors. Through a team of specialists, it offers financial advisory services, access to capital markets, wealth management, and a broad range of investment alternatives tailored to clients' needs. As part of Itaú Unibanco, the largest financial institution in Latin America, Itaú Invest combines global expertise, financial strength, and local market knowledge to support clients in making informed investment decisions that contribute to the growth and preservation of their wealth. Itaú Invest is committed to advancing the development of Paraguay's capital markets, transforming the investment experience, and connecting people and businesses with opportunities for sustainable growth.