May 15, 2019 |
Peru's Cofide recently raised PEN100m ($30.1m) from the sale of its first green bonds in the local market.
The state-owned development bank issued the three-year notes at 5.125% after receiving PEN141m in orders. Private pension funds, or AFPs, accounted for 80.5% of the orders, while mutual funds followed with 7.3%. Other buyers included brokerage houses with 6%, the public sector with 4% and insurance companies with 2%.
The development bank has said it will use the proceeds from the green bond
Peruvian development bank raises $30m to finance renewable energy projects