Cabei Targets MXP, CHF in November

Cabei Targets MXP, CHF in November

Honduras Bonds

The Central American Bank for Economic Integration (Cabei) is looking to sell bonds in Mexican pesos and Swiss francs in November, Jorge Cortes, acting head of capital markets, tells LatinFinance. The price sensitive issuer finds that the two currencies provide the best arbitrage opportunities. A/A2/A rated Cabei is targeting $300m-equivalent in the Swiss market at 3-7 years, and is looking at $150m-equivalent in Mexico’s domestic market through 3 or 4-year bonds. Both would be consistent with t

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