Federal Independent Agencies
Here's a look at documents from federal independent agencies
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IDB Launches pound sterling1 Billion Fixed-Rate Benchmark Bond
WASHINGTON, Jan. 16 -- The Inter-American Development Bank issued the following news release:
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IDB Launches pound sterling1 billion Fixed-Rate Benchmark Bond
The Inter-American Development Bank (IDB) completed a pound sterling1 billion fixed-rate benchmark bond issuance, its largest-ever transaction in sterling and its first benchmark issuance in the currency in 2026.
The bond reflects strong investor demand, with orders exceeding pound sterling2.2 billion, more than double the amount issued. This high level of interest underscores the Bank's solid credit and its long-standing presence
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WASHINGTON, Jan. 16 -- The Inter-American Development Bank issued the following news release:
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IDB Launches pound sterling1 billion Fixed-Rate Benchmark Bond
The Inter-American Development Bank (IDB) completed a pound sterling1 billion fixed-rate benchmark bond issuance, its largest-ever transaction in sterling and its first benchmark issuance in the currency in 2026.
The bond reflects strong investor demand, with orders exceeding pound sterling2.2 billion, more than double the amount issued. This high level of interest underscores the Bank's solid credit and its long-standing presencein the international capital markets. The bond, which matures in July 2031, offers a fixed annual interest rate of 4.000 % and was priced in line with prevailing market conditions.
"We are pleased with the strong response to our largest sterling transaction to date in the primary market," said Laura Fan, IDB Head of Funding. "The high-quality demand we received reflects investors' confidence in the IDB and their continued interest in supporting sustainable development in Latin America and the Caribbean."
"Congratulations to the IDB team on an exceptional start to 2026 with their largest sterling-denominated transaction to date, reinforcing the issuer's premier standing among supranational, sovereign, and agency (SSA) investors," said Alex Paterson, Managing Director and head of SSA DCM at Barclays. "The strength of demand is a clear testament to IDB's thoughtful execution strategy and ability to time the market effectively, capitalizing on early-year momentum in sterling primary activity. Barclays was delighted to support this landmark transaction."
"IDB has opened 2026 on a strong footing, printing its largest sterling transaction to date off the back of its largest orderbook in the currency," said James Taunton, Managing Director and Head of Public Sector Origination, Europe, at RBC Capital Markets. "The fact IDB was able to achieve this outcome at the tightest reoffer spread for a new July-2031 issuance thus far this year underlines its strong investor recognition within the GBP market. Many congratulations to the team involved."
"Congratulations to the IDB team on today's record-breaking sterling transaction. The deal attracted exceptional demand, resulting in issuer's biggest ever orderbook and syndication size for sterling trade, a testament to IDB's credit quality and strong investor following," said Kamini Sumra, Managing Director at BofA Securities. "An excellent outcome to kick-start the 2026 funding programme. BofA was delighted to be involved."
"This transaction marks a significant milestone for IDB, representing their largest sterling issuance to date, their largest and most granular orderbook, and the tightest spread to SONIA for a July 2031 maturity in the SSA space year to date," said Karen Manku, Director, SSA DCM, at NatWest. "These achievements underscore the issuer's longstanding commitment to the sterling market, and we are proud to have been involved at NatWest."
Bond Summary Terms:
Issuer: ... Inter-American Development Bank (Ticker: IADB)
Issuer rating: ... Aaa / AAA (Stable / Stable)
Amount: ... GPB 1 billion
Settlement date: ... January 16, 2026
Coupon: ... 4.000%
Coupon payment dates: ... July 31 annually (short-first)
Maturity date: ... July 21, 2031
Issue price: ... 99.761%
Issue yield: ... 4.053% annual / 4.013% semi-annual
Reoffer spread (bps): ... SONIA MS+40bps / UKT 0 1/4 07/31/31 + 15.7bps
Listing: ... London Stock Exchange's Regulated Market
Clearing systems: ... Euroclear / Clearstream Luxemburg
Joint lead managers: ... Barclays, BofA Securities, NatWest, RBC Capital Markets
ISIN: ... XS3272092480
Distribution Summary:
By Geography ... % ... Investor Type ... %
UK ... 66% ... Banks ... 73%
Europe / Middle East / Africa (excl. UK) ... 24% ... Central Banks / Official Institutions ... 16%
Asia ... 10% ... Fund Manager / Insurance ... 11%
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About the IDB
The Inter-American Development Bank (IDB), a member of the IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the Bank works with the region's public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries. Visit our website: https://www.iadb.org/en
Information on bonds for investors is available on the IDB website: https://www.iadb.org/investors
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*/ This press release is not an offer for sale of the securities of the Inter-American Development Bank. Any offering of IDB securities will be made only by means of a prospectus or other definitive offering document that contains important information about the securities, the offering and IDB. Offerings of securities will be made only in compliance with applicable laws.
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Original text here: https://www.iadb.org/en/news/idb-launches-ps1-billion-fixed-rate-benchmark-bond
National Academies of Sciences, Engineering and Medicine: Report Calls for Increased Focus on Mariner Health and Well-Being, Prohibition of Alcohol for Crew of U.S. Vessels
WASHINGTON, Jan. 16 (TNSrep) -- The National Academies of Sciences, Engineering and Medicine issued the following news release:
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Report Calls for Increased Focus on Mariner Health and Well-Being, Prohibition of Alcohol for Crew of U.S. Vessels
The U.S. maritime industry plays a critical role in the nation's economy and defense, but existing policies and practices fail to meet the needs of this large and crucial workforce. In recent years, high-profile instances of sexual misconduct involving alcohol use have put a spotlight on these challenges and prompted the need for action.
A new congressionally
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WASHINGTON, Jan. 16 (TNSrep) -- The National Academies of Sciences, Engineering and Medicine issued the following news release:
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Report Calls for Increased Focus on Mariner Health and Well-Being, Prohibition of Alcohol for Crew of U.S. Vessels
The U.S. maritime industry plays a critical role in the nation's economy and defense, but existing policies and practices fail to meet the needs of this large and crucial workforce. In recent years, high-profile instances of sexual misconduct involving alcohol use have put a spotlight on these challenges and prompted the need for action.
A new congressionallymandated report (https://www.nationalacademies.org/publications/29213) from the National Academies of Sciences, Engineering, and Medicine calls for the prohibition of alcohol possession and use by crew on ships registered in the United States and systemic reforms to prevent interpersonal violence, including sexual misconduct, and to improve mariner health and well-being. With a focus on actions that can be taken by the U.S. Coast Guard and U.S. Maritime Administration (MARAD), the report also makes recommendations to improve training, credentialing, and recredentialing at maritime academies and throughout a mariner's career.
"Promoting health and wellness and preventing harm will drive long-term, meaningful change in the maritime industry," said Joshua M. Sharfstein, vice dean for public health practice and community engagement and distinguished professor of the practice at the Johns Hopkins Bloomberg School of Public Health and chair of the committee that wrote the report. "Our recommendations seek to protect our mariners and ensure they have a work environment free of substance misuse and sexual misconduct."
Updating Policies on Alcohol Use and Intake
Misuse of alcohol on maritime vessels has led to accidents and incidents of harmful and dangerous behaviors, including sexual misconduct. The report recommends a prohibition of alcohol possession and use by crew on U.S.-flagged vessels and says the Coast Guard should also update maritime policies to align with those of other transportation industries on acceptable blood alcohol content (BAC) limits and institute reasonable-cause tests to identify mariners in violation of those policies. Alcohol should also be included in random testing programs, and monitoring and compliance practices should meet industry best practices.
Mariner credentialing should be updated to incorporate validated screening tools for alcohol and other substance misuse to help identify applicants at risk of impairment and assist in guiding them to appropriate interventions, the report says. Credentialed mariners should be required to disclose new convictions or administrative actions related to alcohol and substance misuse, which should be considered prior to credential renewal periods.
Prevention, Response, and Accountability
The committee found that existing policies pertaining to substance misuse and sexual misconduct are disjointed and often do not meet the standards of other safety-critical, high-reliability industries. The report urges the Coast Guard to implement better reporting policies that include appropriate amnesty for individuals reporting substance misuse and sexual misconduct, protecting people from retaliation, and mandatory trauma-informed training for personnel responding to such cases. Accountability mechanisms for captains and other senior leadership need to be strengthened, and research and guidelines on best practices should be developed and implemented.
Established in 2021, following allegations of sexual misconduct on commercial vessels, the Every Mariner Builds a Respectful Culture (EMBARC) program is a voluntary sexual-assault prevention and response initiative. The committee examined EMBARC and recommended that MARAD study the program further to determine its effectiveness in preventing sexual misconduct and other prohibited behavior on vessels. Additionally, the Coast Guard should identify and adopt industry-wide standards for sexual misconduct prevention and response that apply to all U.S.-flagged vessels, not just those that participate in EMBARC.
Mariner Well-Being and Mental Health
In addition to practical barriers that limit access to physical and mental health services while on duty, there are policies that can prevent mariners from accessing the care they need. The report recommends MARAD conduct research into different interventions and their impact on mariner health and well-being and assess current insurance coverage, employee assistance programs, and clinician licensing rules to ensure mariners have access to effective treatments and support programs.
State telemedicine laws can restrict medical providers in one state from providing care to mariners while on ships out of state. Congress is urged to consider legislation allowing medical professionals to provide care to mariners regardless of location.
The committee spoke to leaders of maritime education and training programs and identified challenges that they face with alcohol misuse and sexual misconduct on their campuses. To promote cultural changes and set high expectations for mariner behavior from the onset of their careers, MARAD should provide maritime academies and training institutes with guidance and training materials that address substance misuse and sexual misconduct. Adherence to the guidance should be evaluated for positive impact and included in the institutions' accreditation activities.
Data Collection
The committee noted that there is limited evidence on the true scope of substance misuse and its consequences in the maritime industry. The Coast Guard should initiate a data collection effort for the entire U.S. maritime industry, incorporating results from cadet surveys, alcohol and other substance testing, disciplinary actions for sexual misconduct, mariner surveys, and other relevant sources. The surveys should assess population-level prevalence of risky behaviors, trends over time, and the degree to which they are reported.
Undertaken by the Committee on Alcohol at Sea, the study was sponsored the U.S. Coast Guard.
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The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide independent, objective analysis and advice to the nation to solve complex problems and inform public policy decisions related to science, engineering, and medicine. They operate under an 1863 congressional charter to the National Academy of Sciences, signed by President Lincoln.
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Original text here: https://www.nationalacademies.org/news/new-report-calls-for-increased-focus-on-mariner-health-and-well-being-prohibition-of-alcohol-for-crew-of-u-s-vessels
National Museum of Asian Art Explores the Power of Water in New Exhibition Featuring Hiroshi Senju and Bingyi
WASHINGTON, Jan. 16 -- The Smithsonian Institution National Museum of Asian Art issued the following news release on Jan. 15, 2026:
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National Museum of Asian Art Explores the Power of Water in New Exhibition Featuring Hiroshi Senju and Bingyi
The Smithsonian's National Museum of Asian Art will present "Into the Waters with Senju and Bingyi: Two Contemporary Paintings," a compelling new exhibition opening April 2, and on view through Aug. 23. This is the first-ever showing of two recent paintings--by artists Hiroshi Senju (born 1958) and Bingyi (born 1975)--that present distinct, hypnotic
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WASHINGTON, Jan. 16 -- The Smithsonian Institution National Museum of Asian Art issued the following news release on Jan. 15, 2026:
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National Museum of Asian Art Explores the Power of Water in New Exhibition Featuring Hiroshi Senju and Bingyi
The Smithsonian's National Museum of Asian Art will present "Into the Waters with Senju and Bingyi: Two Contemporary Paintings," a compelling new exhibition opening April 2, and on view through Aug. 23. This is the first-ever showing of two recent paintings--by artists Hiroshi Senju (born 1958) and Bingyi (born 1975)--that present distinct, hypnoticvisualizations of water. Through their work, these artists explore water's dual essence: permanent yet vulnerable, nurturing yet destructive, mysterious yet mundane.
By acquiring these unique artworks, the museum continues to grow its contemporary collections and showcases the evolving visual cultures of Asia in the 21st century. "The National Museum of Asian Art was the first museum in the United States to have a dedicated program in contemporary Asian art, and this dedication remains a constant for us," said Chase F. Robinson, the museum's director. "The work of today's artists is that much richer when contextualized by history. At the same time, artists like Hiroshi Senju and Bingyi redefine our understanding of Asia and the global art scene."
Senju and Bingyi join a growing roster of contemporary artists represented in the museum's collections, including Xu Bing, Hiroshi Sugimoto, Yayoi Kusama, Do-Ho Suh and Jananne Al-Ani, among many others.
Both artists work in traditional materials but reimagine their cultures' rich artistic traditions with their own bold experiments. Senju reconfigures traditional Japanese painting with contemporary techniques and abstracts real waterfalls into idealized images. Often painting outdoors, Bingyi intuitively channels raw nature but also draws from Chinese ink painting and philosophy. This exhibition offers insight into each artist's creative process, influences, and artistic ethos.
Bingyi's group of three hanging scrolls began with cloth and paper wrapped around an uprooted tree on a beach. As she painted, she let the sea breeze and humidity affect the paper and ink. In this way, she blurs the line between artist and environment. She completed the work in her studio during the COVID-19 lockdown. The paintings' layers of pooled ink and meticulous brushwork conjure an image of peach blossom petals submerged by a torrent and rising to the surface.
"Creation lies beyond all human limitations," Bingyi said. "Like water, art liberates, nurtures, and connects. Showing with Senju at the National Museum of Asian Art means that, in creativity, we are eternally united and liberated."
Waterfalls are the central icon of Senju's oeuvre, and his serial renditions of this subject have been compared to abstract expressionism. In his art practice, he uses a combination of Japanese traditional brushes, spray guns and poured pigment on Japanese paper. His pair of folding screens in this exhibition draws inspiration from the museum's collections, including the dripping glazes on ceramics and Katsushika Hokusai's waterfall prints.
"In my paintings, I am expressing the awe and the joy of living on Earth," Senju said. "On this planet, we have perfect gravity, temperatures creating and sustaining life, and we have water. I am moved by the fact that this is a miracle of the universe."
These two artists exemplify the internationalism of the contemporary art community. Raised in China, Bingyi attended college and graduate school in the United States and now splits her time between the two countries. She holds a doctorate from Yale University in Chinese art history and archaeology and began devoting herself to art in her early 30s. Hiroshi Senju was born in Japan and completed the doctoral course in Japanese-style painting (nihonga) at the prestigious Tokyo University of the Arts. He splits his time between Japan and his studio in New York.
Generous support for this exhibition and the museum's Japanese art program is provided by Mitsubishi.
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About Smithsonian's National Museum of Asian Art
The Smithsonian's National Museum of Asian Art (NMAA) is committed to preserving, exhibiting, researching and interpreting art in ways that deepen the public and scholarly understandings of Asia and the world. NMAA opened in 1923 as America's first national art museum and the first Asian art museum in the United States. The museum now stewards one of the world's most important collections of Asian art, with works dating from antiquity to the present, from China, Japan, Korea, South Asia, Southeast Asia, the pre-Islamic Near East and the Islamic world (inclusive of Central Asia, the Middle East and North Africa). The museum also stewards an important collection of 19th- and early 20th-century American art.
Today, NMAA is emerging as a leading national and global resource for understanding the arts, cultures and societies of Asia, especially at their intersection with America. Guided by the belief that the future of art museums lies in collaboration, increased access and transparency, NMAA is fostering new ways to engage with its audiences while enhancing its commitment to excellence.
Located on the National Mall in Washington, D.C., the museum is free and open 364 days a year (closed Dec. 25). The Smithsonian, which is the world's largest museum, education and research complex, welcomes 20-30 million visitors yearly. For more information about the National Museum of Asian Art, visit asia.si.edu.
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Original text here: https://www.si.edu/newsdesk/releases/national-museum-asian-art-explores-power-water-new-exhibition-featuring-hiroshi
Bipartisan Helsinki Commission Leadership Ask Administration to Sanction Russia's Shadow Fleet
WASHINGTON, Jan. 16 -- The Commission on Security and Cooperation in Europe, also known as the U.S. Helsinki Commission, issued the following news release on Jan. 15, 2026:
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Bipartisan Helsinki Commission Leadership Ask Administration to Sanction Russia's Shadow Fleet
Today, U.S. Helsinki Commission Chairman Senator Roger Wicker (MS), Co-Chairman Representative Joe Wilson (SC-02), Ranking Member Senator Sheldon Whitehouse (RI), and Ranking Member Representative Steve Cohen (TN-09) sent a letter to Secretary of State Marco Rubio and Secretary of the Treasury Scott Bessent asking that the
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WASHINGTON, Jan. 16 -- The Commission on Security and Cooperation in Europe, also known as the U.S. Helsinki Commission, issued the following news release on Jan. 15, 2026:
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Bipartisan Helsinki Commission Leadership Ask Administration to Sanction Russia's Shadow Fleet
Today, U.S. Helsinki Commission Chairman Senator Roger Wicker (MS), Co-Chairman Representative Joe Wilson (SC-02), Ranking Member Senator Sheldon Whitehouse (RI), and Ranking Member Representative Steve Cohen (TN-09) sent a letter to Secretary of State Marco Rubio and Secretary of the Treasury Scott Bessent asking that theUnited States impose further sanctions on Russia's shadow fleet of vessels used to ship sanctioned oil, damage critical infrastructure, and engage in other illicit activity. The recommended sanctions would reinforce European Union efforts to hold Russia accountable for its war on Ukraine and other illegal practices by sanctioning one hundred additional Russian-linked vessels and enabling organizations.
The letter reads:
Dear Secretaries Rubio and Bessent,
As Vladimir Putin continues Russia's illegal war of aggression against Ukraine, we urge you to impose further sanctions on Russia's "shadow fleet." The European Union recently expanded its sanctions to include an additional one hundred Russian-linked vessels and associated enabling organizations involved in this vast illicit network. We hope that, with your leadership, the United States will follow suit, acting in concert with our allies and ensuring that Russia can no longer evade accountability.
We commend the Rosneft and Lukoil sanctions, and we support your efforts to persuade our European allies to cease consumption of Russian petroleum products. Sanctioning Russia's shadow fleet would assist both efforts. The shadow fleet is a financial lifeline for Putin. Without it, Putin's ability to fund his war would be placed in question.
To continue selling its oil and gas in violation of U.S. and international sanctions, Russia changes tankers' names, sails them under different national flags, and hides their locations. The vessels comprising this shadow fleet are frequently old, dilapidated, insufficiently insured, and helmed by inexperienced crew. The shadow fleet not only supplies Putin funding to prolong his war, but it also risks damaging critical infrastructure and environmental catastrophe.
The tanker operators, financiers, flag registries, foreign countries, and opaque shell companies that facilitate Russia's shadow fleet are complicit in sanctions evasion, enabling Russia's brutal war of aggression against Ukraine, threatening critical undersea pipelines and cables, and endangering global maritime security and the environment. Many of the same vessels have also shipped sanctioned Iranian and Venezuelan oil.
Putin should know that we will punish his relentless attacks on Ukraine--and his targeting of civilians and civilian infrastructure--with real consequences. We should also seek to close the loopholes by which he attempts to evade those consequences. Expanding the current shadow fleet sanctions to match those of our European partners is the next necessary step to cut off the resources Russia is using to fund its merciless attacks on Ukraine.
Sincerely,
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Original text here: https://www.csce.gov/press-releases/bipartisan-helsinki-commission-leadership-ask-administration-to-sanction-russias-shadow-fleet/
Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.88 Trillion in December
WASHINGTON, Jan. 16 -- Ginnie Mae issued the following news release:
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Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.88 Trillion in December
Ginnie Mae's mortgage-backed securities (MBS) portfolio outstanding grew to $2.88 trillion as of December 2025. In addition, Ginnie Mae issued $52 billion in total MBS, resulting in net portfolio growth of $15.7 billion. Ginnie Mae facilitated the pooling and securitization of more than 715,000 loans for first-time homebuyers year to date.
Key highlights from the December issuance include:
* $49.2 billion in Ginnie Mae II MBS.
* $2.7
... Show Full Article
WASHINGTON, Jan. 16 -- Ginnie Mae issued the following news release:
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Ginnie Mae Mortgage-Backed Securities Portfolio Reached $2.88 Trillion in December
Ginnie Mae's mortgage-backed securities (MBS) portfolio outstanding grew to $2.88 trillion as of December 2025. In addition, Ginnie Mae issued $52 billion in total MBS, resulting in net portfolio growth of $15.7 billion. Ginnie Mae facilitated the pooling and securitization of more than 715,000 loans for first-time homebuyers year to date.
Key highlights from the December issuance include:
* $49.2 billion in Ginnie Mae II MBS.
* $2.7billion in Ginnie Mae I MBS, including $2.6 billion for multifamily housing loans.
* The pooling and securitization of loans for more than 144,000 American households, including over 54,000 first-time homebuyers.
For detailed information on monthly MBS issuance, unpaid principal balance, Real Estate Mortgage Investment Conduit (REMIC) issuance, and a broader analysis of global market trends, visit Ginnie Mae Disclosure (https://www.ginniemae.gov/data_and_reports/reporting/Pages/monthly_issuance_reports.aspx).
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About Ginnie Mae
Ginnie Mae is a wholly government-owned corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae MBS programs directly support housing finance programs administered by the Federal Housing Administration, the U.S. Department of Veterans Affairs, the U.S. Department of Housing and Urban Development's Office of Public and Indian Housing, and the U.S. Department of Agriculture's Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the U.S. Government. Additional information about Ginnie Mae is available at www.ginniemae.gov and on X, YouTube, Facebook, and LinkedIn.
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Original text here: https://www.ginniemae.gov/newsroom/Pages/PressReleaseDispPage.aspx?ParamID=370
Smithsonian Associates Inspires Young Minds at Smithsonian Summer Camp
WASHINGTON, Jan. 15 -- The Smithsonian Institution issued the following news release on Jan. 14, 2026:
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Smithsonian Associates Inspires Young Minds at Smithsonian Summer Camp
Smithsonian Associates offers one-of-a-kind learning experiences that spark the imagination and engage campers with Smithsonian museums, their exhibitions and themes--during Smithsonian Summer Camp. A wide variety of weeklong camps for children entering kindergarten through ninth grade in fall 2026 will be held Monday, June 22, through Friday, Aug. 14, at the Smithsonian's S. Dillon Ripley Center at 1100 Jefferson
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WASHINGTON, Jan. 15 -- The Smithsonian Institution issued the following news release on Jan. 14, 2026:
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Smithsonian Associates Inspires Young Minds at Smithsonian Summer Camp
Smithsonian Associates offers one-of-a-kind learning experiences that spark the imagination and engage campers with Smithsonian museums, their exhibitions and themes--during Smithsonian Summer Camp. A wide variety of weeklong camps for children entering kindergarten through ninth grade in fall 2026 will be held Monday, June 22, through Friday, Aug. 14, at the Smithsonian's S. Dillon Ripley Center at 1100 JeffersonDr. S.W.
During summer camp, kids take a deep dive into the Smithsonian's collections through museum visits, hands-on projects, games, collaborative challenges and conversations with experts. The rich and exciting world of the Smithsonian is theirs to discover. Over 90 camps are offered this year; camps are held Monday through Friday from 9:30 a.m. to 4:30 p.m. Before-camp (8 a.m. to 9 a.m.) and after-camp (4:30 p.m. to 6 p.m.) activities are also available.
A diverse, creative and experienced team of instructors design age-appropriate content that animates the Smithsonian, its history and its collections. For the youngest campers, museum visits, storytelling, art, science and music are all important parts of the fun--and learning. Camps such as "Fossil Hunters," "Smithsonian Safari," "Rainforest Researchers," "Mastering the Masters" and "Smithsonian Space Station" are designed to introduce the world of the Smithsonian to children entering kindergarten through second grade.
Back by popular demand are camps designed for students who have an interest in art and history, music and digital arts. With America's 250th birthday on the horizon, campers revisit inventions and scientific discoveries of the Founding Fathers. Field trips to see collections bring campers up close to the science that shaped American life. In "Amazing Americans" (grades 2-3) campers explore the stories of the people behind some great moments in American history and re-enact some memorable historic events. Campers can also spend a full week learning to paint a full-room mural, designing video games and comics or creating and marketing their own inventions to better the world.
There are also fresh opportunities to experience history from the battlefield in the popular "Soldiers and Dioramas" camps (grades 6-9) where campers find a new dimension--a miniature one--to learning about some of the most important battles in history. Four camps are offered, each covering a specific battle, and campers make their own terrain boards and lead troops of 1/72-scale soldiers in war games that offer them vivid insights into the military strategies and conflicts that have shaped the world.
Science adventures are available for all ages. From the deepest oceans to the furthest stars, the vast Amazon rainforest to the smallest backyard insect, campers have a universe of science to discover this summer. The Smithsonian's museums on the Mall, the Smithsonian's National Zoo and the U.S. Botanic Gardens provide exciting backdrops for all their explorations. Other camp themes this year include ancient civilizations, geology, ocean life, "Smithsonian-opoly," "President for a Week," "Smithsonian School of Wizardry" and "Girl Power!"
Prices for weeklong summer camps are $495 for non-members and $425 for Smithsonian Associates members. There will be no camp Friday, July 3; prices for summer camp the week of June 29-July 2 are $396 for non-members and $340 for Smithsonian Associates members. Online registration for the general public begins Friday, Feb. 13, at 10 a.m. ET. Donors to Smithsonian Associates at the Contributor level ($300 or higher) are eligible for priority registration Monday, Feb. 9, through Wednesday, Feb. 11, from at 10 a.m. to 4 p.m. ET, and Smithsonian Associates members of all levels may register Thursday, Feb. 12, beginning at 10 a.m. ET. All participants are encouraged to pre-register online. For more information, the public can visit the Summer Camp website or call (202) 633-3030.
For over 60 years, Smithsonian Associates--the world's largest museum-based education program--has produced vibrant educational and cultural programming that brings the Smithsonian to life. Inspired by the Smithsonian's research, collections and exhibitions nearly 1,000 public programs spark creativity and excite learning in people of all ages each year.
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Original text here: https://www.si.edu/newsdesk/releases/smithsonian-associates-inspires-young-minds-smithsonian-summer-camp
National Air and Space Museum Announces Robert Rauschenberg Exhibition Will Open in July 2026
WASHINGTON, Jan. 15 -- The Smithsonian Institution National Air and Space Museum issued the following news release:
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National Air and Space Museum Announces Robert Rauschenberg Exhibition Will Open in July 2026
"The Ascent of Rauschenberg" To Open During the Rauschenberg Centennial Celebration
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The Smithsonian's National Air and Space Museum will open its newly renovated Flight and the Arts Center July 1. The gallery, which is part of the museum's multi-year transformation, will open with the inaugural exhibitions "The Ascent of Rauschenberg: Reinventing the Art of Flight" and "The Art
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WASHINGTON, Jan. 15 -- The Smithsonian Institution National Air and Space Museum issued the following news release:
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National Air and Space Museum Announces Robert Rauschenberg Exhibition Will Open in July 2026
"The Ascent of Rauschenberg" To Open During the Rauschenberg Centennial Celebration
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The Smithsonian's National Air and Space Museum will open its newly renovated Flight and the Arts Center July 1. The gallery, which is part of the museum's multi-year transformation, will open with the inaugural exhibitions "The Ascent of Rauschenberg: Reinventing the Art of Flight" and "The Artof Air and Space: Interpretations of Flight" on the 50th anniversary of its flagship building in Washington, D.C. The exhibition focused on the art of Robert Rauschenberg will open during the centennial celebration of the artist's birth.
"As visitors step into the Flight and the Arts Center, they will not only encounter evocative artworks but also engage with the stories, histories and emotional landscapes that accompany the human pursuit of flight," said Carolyn Russo, art curator at the museum. "We are excited to present 'The Ascent of Rauschenberg' and offer a richer understanding of Robert Rauschenberg's innovative techniques, sustained legacy and unique perspective on all things that fly."
"The Ascent of Rauschenberg" will present 30 of Rauschenberg's artworks, several that have rarely been displayed, and will be the first exhibition of his work specifically related to flight. Rauschenberg often returned to the theme of flight throughout his career, viewing it as a metaphor for human ambition, collaboration and imagination while challenging traditional artistic forms to create compelling visual narratives. The one-year exhibition will include works on loan from the Smithsonian's Hirshhorn Museum and Sculpture Garden, the Smithsonian American Art Museum, the National Gallery of Art and the Robert Rauschenberg Foundation. The works on view will include the lithograph and screenprint "Sky Garden (Stoned Moon)" (1969); sculptures "Prehistoric Rose Spore (Kabal American Zephyr)" (1981) and "Wing Swing Glut" (1988); four screen-printed, mirrored plexiglass panels "Star Quarters I - IV" (1971); and the offset lithograph "Autobiography" (1968).
The accompanying exhibition catalog, The Ascent of Rauschenberg: Reinventing the Art of Flight, written by Russo and published by Smithsonian Books, was released ahead of the exhibition to coincide with the artist's centennial in October 2025. The museum will also be offering a limited-edition commemorative poster for sale at the museum store later this year.
The newly renovated Flight and the Arts Center will comprise two floors; the Rauschenberg exhibition will be on the second floor, and "The Art of Air and Space" will be on the first. This exhibition will feature over 75 works of art from the museum's collection, organized by artistic movements and themes in aviation and space flight. Some of the artists featured in "The Art of Air and Space" will include Ay-O, Richard Estes, Francisco Goya, Man Ray, Normal Rockwell, Alma Thomas, Annie Leibovitz and William Wegman. There are over 7,000 artworks in the museum's art collection.
Founding support for the Flight and the Arts Center is provided by The Hillside Foundation--Allan and Shelley Holt.
The museum's multi-year renovation includes redesigning all 20 exhibition spaces, complete refacing of the exterior stone, replacement of outdated mechanical systems and other repairs and improvements. The second set of renovated galleries opened in July 2025 making a total of 13 new galleries currently on view at the museum. The remaining seven will open in 2026. More information about how the museum is transforming all of its exhibitions and revitalizing the building is available on the museum's website.
The National Air and Space Museum in Washington, D.C., is located at Sixth Street and Independence Avenue S.W. and is open every day except Dec. 25 from 10 a.m. to 5:30 p.m. Admission is free, but timed-entry passes are required to visit. The Steven F. Udvar-Hazy Center is located in Chantilly, Virginia, near Washington Dulles International Airport and is open every day except Dec. 25 from 10 a.m. to 5:30 p.m. Admission is free, timed-entry passes are not required and parking is $15.
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Original text here: https://www.si.edu/newsdesk/releases/national-air-and-space-museum-announces-robert-rauschenberg-exhibition-will-open
SBA Finalizes SBIC Reforms to Fuel Private Investment in Critical Industries
WASHINGTON, Jan. 15 -- The Small Business Administration posted the following news release on Jan. 14, 2026:
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SBA Finalizes SBIC Reforms to Fuel Private Investment in Critical Industries
Today, the U.S. Small Business Administration (SBA) announced the publication of a final rule modernizing the Small Business Investment Company (SBIC) program to incentivize private capital investment in critical industries and reduce regulations to support the reindustrialization of America. The final rule Link is external will take effect February 2, 2026.
"Confidence in President Trump's pro-growth,
... Show Full Article
WASHINGTON, Jan. 15 -- The Small Business Administration posted the following news release on Jan. 14, 2026:
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SBA Finalizes SBIC Reforms to Fuel Private Investment in Critical Industries
Today, the U.S. Small Business Administration (SBA) announced the publication of a final rule modernizing the Small Business Investment Company (SBIC) program to incentivize private capital investment in critical industries and reduce regulations to support the reindustrialization of America. The final rule Link is external will take effect February 2, 2026.
"Confidence in President Trump's pro-growth,America First agenda is driving private capital into America's small businesses at record levels - and the SBIC program is a critical part of that momentum," said SBA Administrator Kelly Loeffler. "By modernizing decades-old regulations, this final rule strengthens our public-private partnership and ensures capital can flow more efficiently to qualified emerging growth companies ranging from startups to manufacturers who are powering innovation, strengthening critical supply chains, and securing America's industrial future by building today."
The SBIC program is a long-standing public-private partnership that accelerates private investment into businesses across the country. In FY2025, the program achieved record capital of $53 billion in combined private capital and SBA leverage. The final rule removes unnecessary regulatory barriers, improves efficiency, and ensures the program remains a strong tool for financing small businesses - particularly those operating in critical industries including manufacturing, food production, energy, and more.
As part of the final rule, the SBA will reduce barriers to SBIC investments aligned with industrial priorities outlined in Executive Orders 14241 Link is external and 14272 Link is external, encouraging investments in small businesses engaged in advanced technologies and critical minerals. The SBA also clarified that certain technology investments may qualify for an additional exemption as part of the SBA's Critical Technologies Initiative with the U.S. Department of War (DOW).
To further streamline the program, the SBA removed certain eligibility requirements for SBIC license applicants seeking access to the Expedited Subsequent Fund Evaluation Process, reducing complexity while maintaining robust review standards. The final rule also reduces regulatory burdens across the SBIC program by eliminating obsolete provisions, improving regulatory efficiency, and establishing clearer terms and conditions that help support SBIC investments.
About the Small Business Investment Company Program
Since 1958, the mission of the Small Business Investment Company (SBIC) program has been to stimulate and supplement the flow of private equity capital and long-term debt financing that American small businesses need to operate, expand and modernize their businesses. SBA does this by licensing and providing capital to professionally managed equity and debt investment funds as Small Business Investment Companies. SBA capital comes in the form of, a government-guaranteed loan to the fund to match privately raised capital. The SBA-guaranteed loan, paired with private capital, increases access to financing for qualifying U.S. small businesses and startups while potentially improving risk-adjusted returns for private investors.
About the U.S. Small Business Administration
The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
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Original text here: https://www.sba.gov/article/2026/01/14/sba-finalizes-sbic-reforms-fuel-private-investment-critical-industries
Affordable Housing Leader Dan Foster Joins Federal Home Loan Bank of Dallas' Affordable Housing Advisory Council
DALLAS, Texas, Jan. 15 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following news release:
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Affordable Housing Leader Dan Foster Joins Federal Home Loan Bank of Dallas' Affordable Housing Advisory Council
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DALLAS, TEXAS, January 15, 2026 -The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of Dan Foster, senior development manager for Chelsea Investment Corp. in Albuquerque, New Mexico, to its Affordable Housing Advisory Council (Advisory Council).
Mr. Foster brings more than 20 years
... Show Full Article
DALLAS, Texas, Jan. 15 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following news release:
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Affordable Housing Leader Dan Foster Joins Federal Home Loan Bank of Dallas' Affordable Housing Advisory Council
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DALLAS, TEXAS, January 15, 2026 -The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of Dan Foster, senior development manager for Chelsea Investment Corp. in Albuquerque, New Mexico, to its Affordable Housing Advisory Council (Advisory Council).
Mr. Foster brings more than 20 yearsof experience in housing and community development, spanning roles in nonprofit organizations, state housing finance agencies public housing authorities, and for-profit development organizations.
Mr. Foster leads Chelsea Investment Corp.'s affordable housing development efforts in New Mexico and recently oversaw the completion of two projects in Rio Rancho, New Mexico-Felicia Villa I and II-that received FHLB Dallas Affordable Housing Program (AHP) funding. Before joining Chelsea Investment Corp., Mr. Foster served as Housing Development Director for the Albuquerque Housing Authority, where he established the agency's Housing Development Department. He also spent seven years with the New Mexico Mortgage Finance Authority, which has helped co-fund affordable housing developments alongside FHLB Dallas.
"Affordable housing is the cornerstone of stability and opportunity for individuals and families," Mr. Foster said. "It's a big honor to serve on the Advisory Council and I look forward to providing insight into programs that make a real difference in people's lives."
Greg Hettrick, senior vice president and director of Community Investment for FHLB Dallas, praised Mr. Foster's extensive experience and dedication.
"Mr. Foster's deep knowledge of affordable housing finance and his hands-on leadership make him an invaluable addition to the Advisory Council," Mr. Hettrick said.
Mr. Foster's three-year term began January 1, 2026. The Advisory Council comprises 14 representatives from state, community and nonprofit organizations within FHLB Dallas' five-state District. Members advise the FHLB Dallas Board of Directors on affordable housing and economic development issues.
Learn more about FHLB Dallas' Community Investment programs.
About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $112.2 billion as of September 30, 2025, supports housing and community development through competitively priced loans and credit products to approximately 800 members in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit fhlb.com.
Contact Information:
Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com
214.441.8445
***
Original text here: https://www.fhlb.com/library/press-releases/2026/affordable-housing-leader-dan-foster-joins-federal
National Academy of Medicine Launches Shared Commitments Initiative to Accelerate Nationwide Progress Toward a Learning Health System
WASHINGTON, Jan. 14 -- The National Academy of Medicine issued the following news:
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National Academy of Medicine Launches Shared Commitments Initiative to Accelerate Nationwide Progress Toward a Learning Health System
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The National Academy of Medicine (NAM) has announced the launch of its Shared Commitments initiative, a national effort to align all health stakeholders-patients and those supporting them-in ensuring that every person and community throughout the nation can expect health and health care that is effective, efficient, fair, and continuously learning and improving.
"This
... Show Full Article
WASHINGTON, Jan. 14 -- The National Academy of Medicine issued the following news:
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National Academy of Medicine Launches Shared Commitments Initiative to Accelerate Nationwide Progress Toward a Learning Health System
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The National Academy of Medicine (NAM) has announced the launch of its Shared Commitments initiative, a national effort to align all health stakeholders-patients and those supporting them-in ensuring that every person and community throughout the nation can expect health and health care that is effective, efficient, fair, and continuously learning and improving.
"Thisyear marks the 20 th anniversary of the NAM's launch of the Learning Health System program." said Michael McGinnis, Executive Officer of the NAM. "The LHS Shared Commitments represent the practical and meaningful embodiment of what we have learned, the growth in availability of health data, development of AI and other new technologies, and the deeper understanding of how the system can be refocused to deliver what matters most to people."
The initiative provides a unifying framework to bring together clinicians, researchers, payers, policymakers, patients, and families to improve quality, safety, fairness, and affordability across the U.S. health system.
"A learning health system changes what's possible," said Peter Margolis, Adjunct Professor of Pediatrics at Stanford University School of Medicine and co-chair of the NAM Learning Health System Strategy Group. "Imagine a health system in which every part works seamlessly toward one shared goal: better health for every person. Care that is accessible, personalized, and guided by the outcomes that matter most. Care that learns from each patient experience and turns those insights into better practice everywhere."
A Trust Framework to Align Action
At the center of the initiative is the Shared Commitments framework, a set of principles that define what patients, providers, and communities should expect from a health system built for continuous improvement. They call for health and health care that is:
* Engaged - Understanding and acting on people's goals
* Safe - Using validated safeguards to prevent harm
* Effective - Applying continuously updated evidence
* Efficient - Delivering optimal outcomes for resources available
* Fair - Advancing parity in people's opportunities to reach full health potential
* Accessible - Offering timely, convenient, interoperable, and affordable services
* Accountable - Measuring what matters, with clear responsibility and feedback
* Transparent - Open sharing of activities, decision-making processes, and results
* Secure - Using protected data sharing and digital/AI responsibly to speed progress
* Adaptive - Centering continuous learning and improvement in organizational priorities
Together, these commitments provide a common trust framework for health care delivery and transformation, offering a practical foundation for aligning people, processes, technology, and incentives around better outcomes for all.
Scientific breakthroughs-from next-generation metabolic therapies to AI-enhanced diagnostics-can only improve lives when integrated into care models that are affordable, accessible, and validated in real-world settings. A learning health system ensures this translation happens effectively and fairly by uniting science, data, incentives, culture, and patient partnership.
The Shared Commitments will help organizations across the health ecosystem strengthen patient and community engagement as full partners in learning, integrate LHS principles into workforce development, and define the technical and structural requirements for real-time learning. Together, these efforts can help organizations build a shared, outcomes-oriented vision.
Chaired by Margolis, Nakela Cook, Executive Director of the Patient-Centered Outcomes Research Institute, and Sean Dowdy, Chief Value Officer, Associate Dean for Practice Transformation and Professor of Gynecologic Oncology at Mayo Clinic, the NAM initiative will host cross-sector dialogue, catalyze partnerships, and accelerate coordinated action to create a health system that learns at scale. Implementation is guided and informed by the LHS Strategy Group, comprised of leaders from stakeholder organizations across health, health care, and the learning health ecosystem. View the Strategy Group roster.
Through three working groups, the initiative will define what organizations need to put a learning health system into practice, including the routine measurement of outcomes, support for practice change, technology, and strong data practices. It will also convey the benefits for both public and private investors, support the integration of the Shared Commitments and learning health system principles into professional training and accreditation, and create clear communication strategies that help people understand the vision and real-world value of a learning health system.
This initiative announcement is the first activity within a larger movement toward cross-sector learning and system-wide resolve to continuously improve and learn.
"Transformation of this magnitude isn't simple, but it is achievable and already underway," said Dowdy. "Early adopters are showing that when organizations act with shared purpose, trust strengthens, outcomes improve, and innovation spreads faster."
The direction is clear: a future where every person benefits from care and services that continuously learn and improve-for everyone, everywhere. The NAM invites organizations across the health ecosystem to join this initiative and help build a stronger and more resilient health system.
For more information about the S hared Commitments initiative and to get involved, visit nam.edu/shared-commitments.
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Original text here: https://nam.edu/news-and-insights/nam-launches-shared-commitments-initiative/
IDB Launches First Benchmark Amazonia Bond
WASHINGTON, Jan. 14 -- The Inter-American Development Bank issued the following news release:
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IDB Launches First Benchmark Amazonia Bond
The Inter-American Development Bank (IDB) issued its first Amazonia Bond of 2026, raising a record 1 billion Australian dollars -- the Bank's largest-ever single-tranche bond in the Australian dollar market -- to finance sustainable development projects across the Amazon region.
This is the second transaction under the Amazonia Bond program launched in 2025, building on the Bank's strategy of tapping the full power of capital markets to support conservation,
... Show Full Article
WASHINGTON, Jan. 14 -- The Inter-American Development Bank issued the following news release:
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IDB Launches First Benchmark Amazonia Bond
The Inter-American Development Bank (IDB) issued its first Amazonia Bond of 2026, raising a record 1 billion Australian dollars -- the Bank's largest-ever single-tranche bond in the Australian dollar market -- to finance sustainable development projects across the Amazon region.
This is the second transaction under the Amazonia Bond program launched in 2025, building on the Bank's strategy of tapping the full power of capital markets to support conservation,economic opportunity, and community development in the Amazon.
The bond is structured under the Amazonia Bond Issuance Guidelines, co-developed by the IDB and the World Bank, and the IDB's Sustainable Debt Framework, ensuring strict standards for use of proceeds, impact measurement, and transparency.
"This first benchmark issuance under our $1 billion Amazonia Bond Program shows how capital markets can support conservation and development at scale," said Ilan Goldfajn, president of the IDB Group. "Issuing this bond in Australian dollars underscores that protecting the Amazon is a global priority -- and that investors around the world are willing to back it with long-term capital. The proceeds will support projects that protect the forest, strengthen local economies, and deliver measurable results, while providing a model that countries and institutions can use to develop their own Amazonia bond programs."
The bond pays a semi-annual coupon of 4.60% and matures on July 21, 2031. It was priced with a spread of 39 basis points over semi-quarterly asset swap, equivalent to 38.9 basis points over the Australian Government Bond 1.5% due in June 2031. Final order books exceeded AU$3.5 billion, including AU$400 million from joint lead managers.
The Amazonia Bond Program is part of Amazonia Forever, the IDB Group's regional coordination platform for conservation and sustainable development in the Amazon basin. The program focuses on expanding innovative financing, strengthening knowledge and data, and supporting regional coordination among eight Amazon countries.
"This transaction is a significant milestone with proceeds expected to be used to support environmental, social and economic development in the Amazonia region," said Jimmy Choi, global head of capital markets at ANZ. "A first-of-its-kind, this Amazonia Bond unlocks private capital for the region and further strengthens IDB's distinguished track record in the Kangaroo market. We are pleased to have partnered with our longstanding customer, the IDB, on this important project."
"We are honored to support IDB's inaugural Amazonia Bond issuance in the Australian dollar market. The IDB's leadership, robust framework, and commitment to transparency have strongly resonated with investors," said Keiji Machida, chairman and CEO of Daiwa Capital Markets America Inc. "This transaction illustrates how well-structured, high-quality bond issuances can effectively channel global liquidity to where it matters most. Congratulations to the IDB team on an outstanding execution and a well-balanced, high-quality order book that underscores market confidence in both the IDB and its Amazonia initiative."
"Congratulations to the IDB team on pricing its inaugural benchmark in Amazonia Bond format. This innovative structure provides international investors with a AAA-rated, liquid instrument, with proceeds dedicated to fostering sustainable development in the Amazonia region. The depth of demand on this transaction speaks to the IDB's status as a premier issuer within the Kangaroo SSA market. RBC is delighted to have been involved," said Jonathan Hunter, head of global markets of RBC Capital Markets.
Bond Summary Terms:
Issuer: ... Inter-American Development Bank (Ticker: IADB)
Issuer rating: ... Aaa / AAA (Stable / Stable)
Amount: ... AUD 1 billion
Settlement date: ... January 21, 2026 (T+8)
Coupon: ... 4.60% (payable semi-annually)
Coupon payment dates: ... January 21 and July 21, semi-annually up to and including the Maturity Date, with a full coupon on 21 July 2026
Maturity date: ... July 21, 2031
Issue price: ... 99.765%
Issue yield: ... 4.649%
Reoffer spread (bps): ... SQ ASW+39 bps / ACGB 1.5% June 2031 +38.9 bps / EFP+54.4 bps
Listing: ... Not Listed
Clearing systems: ... Austraclear, Euroclear, Clearstream
Joint lead managers: ... ANZ, Daiwa Capital Markets, RBC Capital Markets
ISIN: ... AU3CB0330306
Table: Distribution Summary
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About the IDB
The Inter-American Development Bank (IDB), a member of the IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the Bank works with the region's public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries. Visit our website: https://www.iadb.org/en
Information on bonds for investors is available on the IDB website: https://www.iadb.org/investors
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*/ This press release is not an offer for sale of the securities of the Inter-American Development Bank. Any offering of IDB securities will be made only by means of a prospectus or other definitive offering document that contains important information about the securities, the offering and IDB. Offerings of securities will be made only in compliance with applicable laws.
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Original text here: https://www.iadb.org/en/news/idb-launches-first-benchmark-amazonia-bond
IDB Group, Bolivia Agree on Major $4.5 Billion Support Package
WASHINGTON, Jan. 14 -- The Inter-American Development Bank issued the following news release:
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IDB Group, Bolivia Agree on Major $4.5 Billion Support Package
LA PAZ -- The Inter-American Development Bank Group (IDB Group) and Bolivian authorities agreed on a $4.5 billion package for 2026-2028 to support the new government's ambitious reform agenda to stabilize the economy, restore growth, and expand job creation. It includes targeted financing for social protection, private investment, infrastructure, budget support, and capital mobilization. The package represents nearly six times the
... Show Full Article
WASHINGTON, Jan. 14 -- The Inter-American Development Bank issued the following news release:
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IDB Group, Bolivia Agree on Major $4.5 Billion Support Package
LA PAZ -- The Inter-American Development Bank Group (IDB Group) and Bolivian authorities agreed on a $4.5 billion package for 2026-2028 to support the new government's ambitious reform agenda to stabilize the economy, restore growth, and expand job creation. It includes targeted financing for social protection, private investment, infrastructure, budget support, and capital mobilization. The package represents nearly six times theBank's previous allocation to Bolivia.
President Ilan Goldfajn reaffirmed the IDB Group's support for Bolivia's economic stabilization and pro-growth reforms during a historic visit -- the first by a Bank president in 15 years. It marks a new phase of collaboration, focused on helping the country address current challenges while laying the groundwork for sustainable growth.
"We are here to support Bolivia to drive growth that benefits the entire population," said Goldfajn. "Stabilization is essential, but not sufficient. Lasting growth depends on a shared effort, including by the private sector."
"We welcome the support and visit of the Inter-American Development Bank to our country. We fully agree that economic stabilization is only the first step; the real challenge lies in building a sustainable and equitable growth model that reaches every Bolivian household and translates into public works, infrastructure, health, education, and jobs," said Bolivian President Rodrigo Paz.
In the first year, the IDB Group expects to deploy about $2 billion to support a stabilization program that protects the most vulnerable segment of the population and helps restore macroeconomic stability. Immediate actions include direct financing for cash transfers to low-income households. This is part of a coordinated multilateral effort to support fiscal consolidation while helping the most vulnerable.
The IDB Group is also supporting the Bolivia Crece agenda to accelerate economic recovery and attract investment. The program focuses on removing bottlenecks, increasing productivity, and advancing reforms at limited fiscal cost. This includes support for execution capacity, regulatory reform, and key investments in mining, energy, agribusiness, and tourism -- together with efforts to strengthen trade and logistics in the Southern Bioceanic Corridor, supported by the IDB Group's flagship South Connection program.
Beyond financing, the IDB Group brings technical capacity, more than 65 years of experience, and practical solutions drawn from across Latin America and the Caribbean to support Bolivia's agenda. As part of this effort, the IDB is providing non- reimbursable resources of up to $4.5 million in technical assistance to strengthen project preparation and pre-investment for priority initiatives, including under Bolivia's national development plan (PDES), improving access to public and private financing and accelerating execution.
With limited fiscal space, the strategy depends on efforts by all, including the private sector. IDB Invest, the IDB Group's private-sector arm, will expand its portfolio in Bolivia twentyfold, investing up to $450 million over the next three years in agribusiness, infrastructure, industry, and financial inclusion. Enabling reforms include 24-hour customs operations in Santa Cruz, streamlining procedures to support investments, expanding IDB Pay for digital payments and formalization, and simplifying business registration.
To support this, the IDB Group and the International Finance Corporation (IFC) will mobilize private investment at scale, supporting competitive local companies and advancing projects in mining, agribusiness, tourism, energy, sustainable infrastructure, financial inclusion, and value-added manufacturing. In parallel, the IDB Group is discussing ways to advance efforts with the U.S. International Development Finance Cooperation (DFC) to mobilize private capital and support high-impact projects across sectors.
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About the IDB Group
The Inter-American Development Bank Group (IDB Group) is the leading source of financing and knowledge for improving lives in Latin America and the Caribbean. It comprises the IDB, which works with the region's public sector and enables the private sector; IDB Invest, which directly supports private companies and projects; and IDB Lab, which spurs entrepreneurial innovation.
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Original text here: https://www.iadb.org/en/news/idb-group-bolivia-agree-major-45-billion-support-package
Ginnie Mae Expands Its Digital Collateral Program to Include PIIT Transfers for ENote-Backed Securities
WASHINGTON, Jan. 14 -- Ginnie Mae issued the following news release on Jan. 13, 2026:
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Ginnie Mae Expands Its Digital Collateral Program to Include PIIT Transfers for eNote-Backed Securities
Ginnie Mae announced today that mortgage-backed securities (MBS) funded by electronic promissory notes (eNotes) will be eligible for the agency's Pools Issued for Immediate Transfer (PIIT) program, which allows approved Issuers to transfer eligible pools at issuance under the agency's Co-Issue program.
Through the PIIT program, approved Ginnie Mae Issuers may transfer Issuer responsibility for eligible
... Show Full Article
WASHINGTON, Jan. 14 -- Ginnie Mae issued the following news release on Jan. 13, 2026:
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Ginnie Mae Expands Its Digital Collateral Program to Include PIIT Transfers for eNote-Backed Securities
Ginnie Mae announced today that mortgage-backed securities (MBS) funded by electronic promissory notes (eNotes) will be eligible for the agency's Pools Issued for Immediate Transfer (PIIT) program, which allows approved Issuers to transfer eligible pools at issuance under the agency's Co-Issue program.
Through the PIIT program, approved Ginnie Mae Issuers may transfer Issuer responsibility for eligiblenewly issued pools or loan packages at the time of issuance, supporting greater operational flexibility while maintaining program oversight and eligibility requirements.
Ginnie Mae's Digital Collateral program has grown significantly since its launch. Currently, more than $102 billion in outstanding Ginnie Mae MBS are backed by eNotes, with 47 approved eIssuers participating in the program nationwide.
"The expansion of the Digital Collateral program to the PIIT program will promote wider adoption of digital lending by providing increased flexibility to eIssuers," said Ginnie Mae President Joseph Gormley.
Effective for issuances dated February 1, 2026, and thereafter, PIIT transfers may contain eNote collateral.
To issue through the PIIT program, eIssuers must comply with:
* Section 6600 of the Ginnie Mae Digital Collateral Program Guide (Appendix V-09) and
* Chapter 10 of the Ginnie Mae Mortgage-Backed Securities Guide (MBS Guide).
Section 6600 of the Ginnie Mae Digital Collateral Program Guide provides specific guidance for eIssuers on the general program requirements, restrictions of the program, MERS eRegistry updates, and PIIT transfers that require a transfer of custodial responsibility.
Issuers with questions regarding this announcement, please contact your account executive or mortgage banking analyst in the Office of Issuer and Portfolio Management or Ginnie Mae's centralized help desk at askGinnieMae@hud.gov.
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About Ginnie Mae
Ginnie Mae is a wholly government-owned corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country. Ginnie Mae MBS programs directly support housing finance programs administered by the Federal Housing Administration, the U.S. Department of Veterans Affairs, the U.S. Department of Housing and Urban Development's Office of Public and Indian Housing, and the U.S. Department of Agriculture's Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the U.S. Government. Additional information about Ginnie Mae is available at www.ginniemae.gov and on X, YouTube, Facebook, and LinkedIn.
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Original text here: https://www.ginniemae.gov/newsroom/Pages/PressReleaseDispPage.aspx?ParamID=369
