IDB Invest expands local currency bond program

IDB Invest expands local currency bond program

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Dominican Republic Jamaica Caribbean Central America Paraguay

IDB Invest plans to sell more bonds in Latin American and Caribbean currencies, with an eye to issue in Jamaican dollars and Dominican pesos in the second half of the year, Felipe Britto, treasurer at the multilateral lender, told LatinFinance. After rolling out a PYG1tn ($142m) guaraní-denominated bond program in December 2018, IDB Invest could issue more local currency bonds in the second half of this year, Britto said. "We are closely looking at Jamaica and the Dominican Republic, most like

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