CAF readies 2020 bond sale

CAF readies 2020 bond sale

Andean Venezuela Central America Caribbean Bonds

CAF looks set to obtain tight pricing terms on an upcoming 2020 bond sale after leads set initial price talk at 50bp over Mid-Swaps on Monday. The Latin American development bank's outstanding $1bn in 2.125% 2021s were spotted at 42bp over US Treasuries yesterday, widening from levels between 30bp to 40bp seen in June, DCM bankers said. A well-known cross-border issuer, Aa3/AA-/AA- rated CAF is using this year to rebuild and infuse extra liquidity into its debt curve, while also taking

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