United States, July 8 -- The Inter-American Development Bank (IDB) and the Banco Regional de Desenvolvimento do Extremo Sul (BRDE) have successfully executed four debt-conversion transactions totaling $65 million. These transactions strengthen BRDE's debt-management strategy and establish a new benchmark for the IDB's foreign-exchange-hedging operations.Conducted between July 2024 and June 2025, the transactions involved converting variable-rate debt denominated in U.S. dollars into Brazilian reals across two IDB loans, while maintaining their original long-term maturities, 2037 and 2047. This approach provides a cost-effective financing solution, reducing foreign-exchange risk, and enabling BRDE to offer more affordable financing to local ...