850

USD 50,000,000

USD 50,000,000, which is 100.00 percent of the Aggregate Principal Amount

November 28, 2022

Registered only, as further provided in paragraph 8 of "Other Relevant Terms" below.

No

USD 1,000,000 and integral multiples thereof.

United States Dollars (USD) being the lawful currency of the United States of America

USD

USD

November 28, 2032

The Maturity Date is subject to the Business Day Convention, but with no adjustment to the amount of interest otherwise calculated.

Zero Coupon (Condition 5(IV))

The Notes constitute "Par Zero Coupon Notes" under the Conditions.

5.22 percent per annum

Issue Price

Compounded annually

London, New York

London, New York

Unless previously redeemed or purchased and cancelled as specified in the Terms and Conditions, the Notes will be redeemed by the Bank by payment of the Redemption Amount on the Maturity Date. The Redemption Amount will be USD 83,167,372.09, being 166.335 percent of the Aggregate Principal Amount, subject to Item 17 (Issuer's Optional Redemption) below.

Yes, in whole but not in part

No less than five (5) Relevant Business Days prior to the Optional Redemption Date

100.00 percent per Authorized Denomination

November 28 in each year, commencing on November 28, 2026, up to and including November 28, 2031.

No

In the event of any Note becoming due and payable prior to the Maturity Date in accordance with Condition 9 (but, for the avoidance of doubt, not Condition 6(e)), the Early Redemption Amount will be an amount equal to the Amortized Face Amount of such Note (calculated in accordance with Condition 6(c)).

New York

Application has been made for the Notes to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange plc's UK Regulated Market.

Euroclear Bank SA/NV and/or Clearstream Banking, Luxembourg

No

None.  An affiliate of the Dealer has arranged a swap with the Bank in connection with this transaction and will receive amounts thereunder that may comprise compensation.

The Dealer has agreed to pay for all material expenses related to the issuance of the Notes, except the Issuer will pay for the London Stock Exchange listing fees, if applicable.

XS2556925936

U4582NLR3

255692593

J.P. Morgan Securities plc

No

No

Yes, issued in accordance with the Amended and Restated Global Agency Agreement, dated as of July 28, 2020, between the Bank, Citibank, N.A., London Branch as Global Agent, and the other parties thereto. 

Not Applicable

Under the provisions of Section 11(a) of the Inter-American Development Bank Act, the Notes are exempted securities within the meaning of Section 3(a)(2) of the U.S. Securities Act of 1933, as amended, and Section 3(a)(12) of the U.S. Securities Exchange Act of 1934, as amended.

The Dealer represents and agrees that (a) it has only communicated or caused to be communicated and will only communicate or cause to be communicated an invitation or inducement to engage in investment activity (within the meaning of Section 21 of the Financial Services and Markets Act 2000 (the "FSMA")) received by it in connection with the issue or sale of the Notes in circumstances in which Section 21(1) of the FSMA does not apply to the Bank, and (b) it has complied and will comply with all applicable provisions of the FSMA with respect to anything done by it in relation to such Notes in, from or otherwise involving the UK.

In the case of the Notes being offered into Singapore in a primary or subsequent distribution, and solely for the purposes of its obligations pursuant to Section 309B of the Securities and Futures Act (Chapter 289) of Singapore (the "SFA"), the Issuer has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Notes are "prescribed capital markets products" (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018 of Singapore) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products).

No action has been or will be taken by the Issuer that would permit a public offering of the Notes, or possession or distribution of any offering material relating to the Notes in any jurisdiction where action for that purpose is required.  Accordingly, the Dealer agrees that it will observe all applicable provisions of law in each jurisdiction in or from which it may offer or sell Notes or distribute any offering material.