IIC to Increase Local Bond Issuance

IIC to Increase Local Bond Issuance

Colombia Mexico Peru Bonds

The IIC seeks to increase its bond issuance in the local capital markets of Colombia, Mexico and Peru over the next 3 years, Steven Reed, deputy general manager of the IIC tells LatinFinance. He expects an increase in demand for local currency loans, which currently make up 15% of IIC’s lending portfolio, but grow to 25%-30% in the next 3 years. “Through doing local currency transactions we will be able to help finance a broader range SMEs that are not exporters,” says Reed. “The macroeconomic c

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