May 30, 2019 |
The Central American Bank for Economic Integration (CABEI) could raise up to MXN5bn ($261m) from the sale of three-year bullet bonds in the Mexican market, according to a report from S&P Global.
The development bank sold MXN4bn in peso-denominated notes in May last year, pricing a three-year series at 1bp below the TIIE rate and a 10-year series at 90bp over Mexican government bonds. CABEI had intended to issue MXN1.5bn, but it increased the offer after orders reached more than MXN5.3bn.
Central American development bank aims to raise $261m from the sale of three-year notes in pesos