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Inter-American Development Bank Said to Sell Bonds in Pounds

Inter-American Development Bank is selling at least 200 million pounds of bonds due in December 2014, according to a banker involved in the transaction.

The notes may be priced to yield about 43 basis points more than gilts, the banker said. Deutsche Bank AG and HSBC Holdings Plc (HSBA) are managing the deal.

To contact the editor responsible for this story: Ben Martin at bmartin38@bloomberg.net

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