Education, Youth, Employment, “EYE Bonds” of IDB
was launchedTokyo / Washington, D.C., July 13, 2015 - The Inter-American Development Bank(IDB) issued out of its Global Debt Program a new MXN 800 millions 5 year notefollowing the principle of its “Education, Youth and Employment bonds” commonlyreferred as “EYE Bonds”. Crédit Agricole Corporate and Investment Bank was thesole underwriter for this Bond. The Dai-chi Life Insurance Company, Limited (Daiichi Life; President: Koichiro Watanabe) is the sole investor in the bond, and withthis investment confirm its role as one of the most prominent purchaser of social
bonds globally.
The IDB EYE Bonds seek to foster human capital development through earlychildhood coverage and support of youth education from the classroom to theworkplace. Funds raised will finance projects in Latin America and the Caribbeanthat provide childhood care and education and facilitate access to jobs for young
people. IDB launched its first issuance under the EYE Bond program in 2014.
The IDB is a multilateral development bank focused on the economic and social
development of Latin America and the Caribbean. The IDB helps to improve lives
in the region through financial and technical support. The IDB conducts extensive
research and provides loans, grants, and technical assistance to its member
countries.
IDB’s comment : IDB EYE Bonds help build human capital to improve lives inLatin America and the Caribbean through a life cycle approach focused on three
key priority areas – Education, Youth, and Employment. Dai-ichi Life’sendorsement of our first-ever Mexican peso (MXN) denominated EYE Bond shows
institutional investor interest in supporting IDB’s projects across the region, said
said Laura Fan, the IDB’s Head of Funding

Daiichi Life’s comment : Dai-ichi Life follows investment principles that combine
attractive investment opportunities with social, environmental, and governanceconsiderations. We strongly support the IDB’s projects that provide childhood care,education and facilitated access to jobs. Therefore, becoming the sole investor toprovide financial support to EYE projects through these Bonds is socially significant
for the Company. We also believe the Mexican Peso-denominated bonds offer
solid and attractive investment opportunity, said Kazuyuki Shigemoto, GeneralManager, Global Fixed Income Investment Department, Dai-ichi Life
Crédit Agricole’s comment: Crédit Agricole CIB is delighted to have arranged
this transaction which underlines the leadership of both Dai ichi Life and the IDB indeveloping ESG investing in Japan. This trade also highlights the trend ofglobalization of SRI investments – with a committed Japanese investor lending
support through the IDB to Education, Youth and Employment projects, said
Tanguy Claquin, Head of Sustainable Banking
Crédit Agricole CIB is the sole arranger of the bonds.
As an institutional investor that controls approximately ¥30 trillion in capital, theCompany focuses not only on investments with stability and profitability, but also
those with benefits for society and the public. With interest in asset managementthat considers ESG issues growing around the world, the Company will continue toactively pursue investments in developing regions and those which follow theCompany’s ESG standards.

Summary Terms of the IDB EYE Bonds• Currency： Mexican Peso (MXN)• Notional Amount： MXN 800,000,000 (approximately $50 million)• Tenor：5 year

About IDBThe Inter-American Development Bank is devoted to improving lives. Establishedin 1959, the IDB is a leading source of long-term financing for economic, social andinstitutional development in Latin America and the Caribbean. The IDB also
conducts cutting-edge research and provides policy advice, technical assistanceand training to public and private sector clients throughout the region. For more
information, visit www.iadb.org.
About Dai-ichi LifeThe Dai-ichi Life Insurance Company is a leading life insurance firm based onJapan with assets of more than 35 trillion yen. Since its foundation in 1902, theDai-ichi Life Group has always put the customer first. The Group contributes tolocal communities by passing on peace of mind through providing life insurance,property and casualty insurance, investment trust and related services. The Groupwill continue to stand by the side of our customers and their loved ones, for life. For
more information, visit www.dai-ichi-life.co.jp/english/.
About Crédit Agricole Corporate and Investment Bank
Crédit Agricole CIB is the Corporate and Investment Banking arm of the Crédit
Agricole Group, the world’s No. 8 largest bank by total assets (The Banker, July2014).
The Bank offers its clients a comprehensive range of products and services
structured around six major divisions:••

Client Coverage & International Network
Global Investment Banking••••Structured Finance
Global Markets
Debt Optimization & Distribution
International Trade and Transaction Banking

The Bank provides support to clients in large international markets through its
network with a presence in major countries in Europe, Americas, Asia Pacific andthe Middle East North Africa. For more information, please visit its website atwww.ca-cib.com
Contacts :Crédit Agricole CIB: Benjamin Lamberg, Global co-Head of MTNs & Private
Placements, and Asian Syndicates