CAF issued five-year bonds for EUR 750 million
One third of the orders came from central banks and official institutions of several countries, the rest were originated by asset managers, insurers, banks and pension funds.
"We are pleased to start the year by bringing international market funds closer to Latin America in order to foster projects that promote sustainable development, productive transformation and regional integration. This issuance ratifies the trust and the interest that investors have in CAF bonds, which means good news for the Institution's 19 shareholder countries", declared Enrique Garc?a, CAF's Executive President.
CAF's first debt paper issuance in the year is added to three other benchmark bonds in euros. The Development Bank of Latin America promotes sustainable development and regional integration through an efficient allocation of resources for the timely delivery of multiple financial services, of high added value, to the shareholder's clients in the public and private sector.