IDB - Inter-American Development Bank
IDB - Inter-American Development Bank
02/13/2026 | Press release | Distributed by Public on 02/13/2026 15:04
Development Bank Quarterly Report (Form QRTLYRPT)
File No. 83-1
Regulation IA
Rule 2 (a)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
100 F Street, NE
Washington, D.C. 20549
PERIODIC REPORT
The following information is filed in accordance with Regulation IA, Rule 2(a), adopted pursuant to Section 11(a) of the Inter-American Development Bank Act.
For the fiscal quarter ended December 31, 2025
INTER-AMERICAN DEVELOPMENT BANK (the "Bank")
Washington, D.C. 20577
| (1) |
Information as to any purchases or sales by the Bank of its primary obligations during such quarter. |
Attached hereto as Annex A is a table which lists sales by the Bank of its primary obligations, all of which were of the Bank's ordinary capital. There were no purchases by the Bank of its primary obligations.
| (2) |
Copies of the Bank's regular quarterly financial statements. |
Attached hereto as Annex B are the financial statements, as of December 31, 2025, of the Bank's ordinary capital.
| (3) |
Copies of any material modifications or amendments during such quarter of any exhibit (other than (i) constituent documents defining the rights of holders of securities of other issuers guaranteed by the Bank, and (ii) loans and guaranty agreements to which the Bank is a party) previously filed with the Commission under any statute. |
Not applicable: there have been no modifications or amendments of any exhibits previously filed with the Commission.
Annex A
Sales by the Inter-American Development Bank
of its Ordinary Capital Primary Obligations
|
Borrowing Currency |
Borrowing Amount |
Coupon (%) |
Issue Price (%) |
Issue Date |
Maturity Date |
|||||
|
USD |
20,000,000 |
Zero Coupon Multi-Callable |
100.00 | 6-Oct-2025 | 6-Oct-2045 | |||||
|
GBP |
50,000,000 | 4.00 | 99.327 | 7-Oct-2025 | 17-Dec-2029 | |||||
|
GBP |
50,000,000 | 4.00 | 99.40 | 9-Oct-2025 | 17-Dec-2029 | |||||
|
USD |
55,000,000 |
4.90 Multi-Callable |
100.00 | 9-Oct-2025 | 9-Oct-2040 | |||||
|
INR |
2,000,000,000 | 7.35 | 103.84899935 | 16-Oct-2025 | 6-Oct-2030 | |||||
|
USD |
100,000,000 | 3.802 | 100.00 | 12-Nov-2025 | 12-Nov-2030 |
Annex B
| INTER-AMERICAN DEVELOPMENT BANK |
ORDINARY CAPITAL
December 31, 2025
Page | 1
INTER-AMERICAN DEVELOPMENT BANK
ORDINARY CAPITAL
Monthly Financial Statements
BALANCE SHEETS
(Expressed in millions of United States dollars)
| December 31 2025 | December 31, 2024 | |||||||||||||||
| (unaudited) | (unaudited) | |||||||||||||||
|
ASSETS |
||||||||||||||||
|
Cash and investments |
||||||||||||||||
|
Cash |
$ | 778 | $ | 836 | ||||||||||||
|
Investments - Trading |
36,859 | $ | 37,637 | 34,826 | $ | 35,662 | ||||||||||
|
Securities purchased under resale agreements |
500 | - | ||||||||||||||
|
Developmental assets |
||||||||||||||||
|
Loans outstanding |
117,747 | 115,812 | ||||||||||||||
|
Allowance for credit losses |
(878 | ) | (784 | ) | ||||||||||||
|
Deferred loan origination fees and costs, net |
83 | 116,952 | 78 | 115,106 | ||||||||||||
|
Debt securities |
||||||||||||||||
|
Measured at fair value |
38 | 113 | ||||||||||||||
|
Measured at amortized cost |
456 | 519 | ||||||||||||||
|
Allowance for credit losses |
(27 | ) | 467 | (19 | ) | 613 | ||||||||||
|
Derivative assets, net |
1,486 | 350 | ||||||||||||||
|
Accrued interest and other charges |
||||||||||||||||
|
On loans |
1,267 | 1,305 | ||||||||||||||
|
On others |
6 | 1,273 | 9 | 1,314 | ||||||||||||
|
Assets under retirement benefit plans |
1,173 | 897 | ||||||||||||||
|
Other assets |
1,473 | 1,426 | ||||||||||||||
|
Total assets |
$ | 160,961 | $ | 155,368 | ||||||||||||
|
LIABILITIES AND EQUITY |
||||||||||||||||
|
Liabilities |
||||||||||||||||
|
Borrowings |
||||||||||||||||
|
Short-term |
$ | 1,594 | $ | 3,314 | ||||||||||||
|
Medium- and long-term: |
||||||||||||||||
|
Measured at fair value |
87,804 | 81,891 | ||||||||||||||
|
Measured at amortized cost |
27,718 | $ | 117,116 | 26,731 | $ | 111,936 | ||||||||||
|
Derivative liabilities, net |
463 | 1,347 | ||||||||||||||
|
Payable for investment securities purchased |
116 | 155 | ||||||||||||||
|
Due to IDB Grant Facility |
101 | 136 | ||||||||||||||
|
Accrued interest on borrowings at amortized cost |
185 | 210 | ||||||||||||||
|
Undisbursed strategic development programs |
279 | 251 | ||||||||||||||
|
Other liabilities |
1,046 | 943 | ||||||||||||||
|
Total liabilities |
119,306 | 114,978 | ||||||||||||||
|
Equity |
||||||||||||||||
| Capital stock | ||||||||||||||||
|
Subscribed (14,170,108 shares) |
170,940 | 170,940 | ||||||||||||||
|
Less callable portion |
(164,901 | ) | (164,901 | ) | ||||||||||||
|
Additional paid-in capital |
5,815 | 5,815 | ||||||||||||||
| 11,854 | 11,854 | |||||||||||||||
|
Receivable from members |
(812 | ) | (830 | ) | ||||||||||||
|
Retained earnings |
29,371 | 27,730 | ||||||||||||||
|
Accumulated other comprehensive income |
1,242 | 41,655 | 1,636 | 40,390 | ||||||||||||
|
Total liabilities and equity |
$ | 160,961 | $ | 155,368 | ||||||||||||
Page | 2
INTER-AMERICAN DEVELOPMENT BANK
ORDINARY CAPITAL
Monthly Financial Statements
STATEMENTS OF INCOME AND RETAINED EARNINGS
(Expressed in millions of United States dollars)
| Three months ended | Year ended | |||||||||||||||
| December 31 | December 31 | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| (unaudited) | (unaudited) | |||||||||||||||
|
Interest Revenue |
||||||||||||||||
|
Interest on developmental assets, after swaps |
$ | 1,323 | $ | 1,532 | $ | 5,807 | $ | 6,583 | ||||||||
|
Interest on investments |
457 | 490 | 1,841 | 2,005 | ||||||||||||
|
Interest on other asset/liability management derivatives |
(28 | ) | (60 | ) | (147 | ) | (327 | ) | ||||||||
| 1,752 | 1,962 | 7,501 | 8,261 | |||||||||||||
|
Borrowing Expenses |
||||||||||||||||
|
Interest on borrowings, after swaps |
(1,358 | ) | (1,492 | ) | (5,590 | ) | (6,342 | ) | ||||||||
|
Other borrowing costs |
(1 | ) | (1 | ) | (17 | ) | (17 | ) | ||||||||
| (1,359 | ) | (1,493 | ) | (5,607 | ) | (6,359 | ) | |||||||||
|
Interest revenue, net of borrowing expenses |
393 | 469 | 1,894 | 1,902 | ||||||||||||
|
Net investments gains (losses) |
24 | (17 | ) | 65 | 6 | |||||||||||
|
(Provision) credit for developmental assets credit losses |
(27 | ) | (36 | ) | (111 | ) | (7 | ) | ||||||||
|
Non-interest revenue |
||||||||||||||||
|
Other loan income |
25 | 30 | 114 | 115 | ||||||||||||
|
Other income |
14 | 8 | 99 | 62 | ||||||||||||
| 39 | 38 | 213 | 177 | |||||||||||||
|
Non-interest expense |
||||||||||||||||
|
Administrative expenses |
(287 | ) | (275 | ) | (942 | ) | (913 | ) | ||||||||
|
Strategic development programs |
(56 | ) | (61 | ) | (152 | ) | (157 | ) | ||||||||
| (343 | ) | (336 | ) | (1,094 | ) | (1,070 | ) | |||||||||
|
Operating Income (loss) |
86 | 118 | 967 | 1,008 | ||||||||||||
|
Net fair value adjustments on non-trading portfolios and foreign currency transactions |
209 | 187 | 617 | 281 | ||||||||||||
|
Other components of net pension benefit credit (cost) |
55 | 41 | 221 | 166 | ||||||||||||
|
Board of Governors approved transfers |
- | - | (164 | ) | (159 | ) | ||||||||||
|
Net income (loss) |
350 | 346 | 1,641 | 1,296 | ||||||||||||
|
Retained earnings, beginning of period |
29,021 | 27,384 | 27,730 | 26,577 | ||||||||||||
|
Distributions on behalf of shareholders |
- | - | - | (143 | ) | |||||||||||
|
Retained earnings, end of period |
$ | 29,371 | $ | 27,730 | $ | 29,371 | $ | 27,730 | ||||||||
Page | 3
INTER-AMERICAN DEVELOPMENT BANK
ORDINARY CAPITAL
Monthly Financial Statements
STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(Expressed in millions of United States dollars)
| Three months ended | Year ended | |||||||||||||||
| December 31 | December 31 | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| (unaudited) | (unaudited) | |||||||||||||||
|
Net income (loss) |
$ | 350 | $ | 346 | $ | 1,641 | $ | 1,296 | ||||||||
|
Other comprehensive income (loss) |
||||||||||||||||
|
Reclassification to income - amortization of net actuarial losses and prior service credit on retirement benefits plans |
(13 | ) | (4 | ) | (61 | ) | (17 | ) | ||||||||
|
Recognition of changes in assets/liabilities under retirement benefits plans |
128 | 563 | 126 | 563 | ||||||||||||
|
Net fair value adjustments on borrowings attributable to changes in instrument-specific credit risk |
(194 | ) | (68 | ) | (459 | ) | (138 | ) | ||||||||
|
Total other comprehensive income (loss) |
(79 | ) | 491 | (394 | ) | 408 | ||||||||||
|
Comprehensive income (loss) |
$ | 271 | $ | 837 | $ | 1,247 | $ | 1,704 | ||||||||
Page | 4
INTER-AMERICAN DEVELOPMENT BANK
ORDINARY CAPITAL
Monthly Financial Statements
Statements of Cash Flows
(Expressed in millions of United States dollars)
| As of December 31 | ||||||||
| 2025 | 2024 | |||||||
| (unaudited) | (unaudited) | |||||||
|
Cash flows from developmental and investing activities |
||||||||
|
Developmental activities: |
||||||||
|
Loan disbursements |
$ | (10,955 | ) | $ | (9,004 | ) | ||
|
Loan collections |
10,440 | 7,602 | ||||||
|
Collection of debt securities |
224 | 152 | ||||||
|
Net cash provided by (used in) developmental activities |
(291 | ) | (1,250 | ) | ||||
|
Purchase of property, net |
(77 | ) | (64 | ) | ||||
|
Miscellaneous assets and liabilities, net |
(30 | ) | 48 | |||||
|
Net cash provided by (used in) developmental and investing activities |
(398 | ) | (1,266 | ) | ||||
|
Cash flows from financing activities |
||||||||
|
Medium- and long-term borrowings: |
||||||||
|
Proceeds from issuance |
21,547 | 21,381 | ||||||
|
Repayments |
(18,843 | ) | (18,759 | ) | ||||
|
Short-term borrowings |
||||||||
|
Proceeds from issuance |
76,436 | 27,016 | ||||||
|
Repayments |
(78,170 | ) | (25,907 | ) | ||||
|
Cash collateral received (returned) |
60 | 139 | ||||||
|
Distributions paid on behalf of shareholders |
- | (143 | ) | |||||
|
Net cash provided by (used in) financing activities |
1,030 | 3,727 | ||||||
|
Cash flows from operating activities |
||||||||
|
Gross purchases of trading investments |
(63,555 | ) | (62,373 | ) | ||||
|
Gross proceeds from sale or maturity of trading investments |
62,785 | 59,057 | ||||||
|
Securities purchased under resale agreements |
(500 | ) | - | |||||
|
Developmental assets income collections, after swaps |
6,150 | 6,808 | ||||||
|
Interest and other costs of borrowings, after swaps |
(5,809 | ) | (6,423 | ) | ||||
|
Income from investments |
1,527 | 1,703 | ||||||
|
Interest on other asset/liability management derivatives |
(193 | ) | (322 | ) | ||||
|
Other income |
104 | 75 | ||||||
|
Administrative expenses |
(868 | ) | (828 | ) | ||||
|
Transfers to the IDB Grant Facility |
(196 | ) | (158 | ) | ||||
|
Strategic development programs |
(124 | ) | (120 | ) | ||||
|
Net cash provided by (used in) operating activities |
(679 | ) | (2,581 | ) | ||||
|
Effect of exchange rate fluctuations on Cash |
(11 | ) | (40 | ) | ||||
|
Net increase (decrease) in Cash |
(58 | ) | (160 | ) | ||||
|
Cash, beginning of period |
836 | 996 | ||||||
|
Cash, end of period |
$ | 778 | $ | 836 | ||||
Page | 5
IDB - Inter-American Development Bank published this content on February 13, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 13, 2026 at 21:04 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]