Home / Daily Briefs / 2018 / 24 / IDB Invest books more local currency bond sales

IDB Invest books more local currency bond sales

IDB Invest books more local currency bond sales

December 24, 2018 | Toni Baini
Multilateral agency studies additional issues after launching a guaraní-denominated program in Paraguay

Bonds Corporate & Sovereign Strategy Capital Markets Debt Economy & Policy Fixed Income Project & Infrastructure Finance Loans Paraguay

IDB Invest expects to issue more bonds in local currencies in the near future, following the launch of a guaraní-denominated debt program in Paraguay. The multilateral lender has already started the process in several countries in Latin America, particularly in smaller markets in the region, including the Caribbean, CFO Rocío Palafox told LatinFinance. IDB Invest started its PYG1tn ($169m) bond program in Paraguay with a PYG30bn issue at a fixed rate of 6.1% on December 18. The deal marked the s

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