CABEI sells new notes in Mexico

CABEI sells new notes in Mexico

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Mexico Central America

The Central American bank for Economic Integration (CABEI) said it has sold MXN5bn ($255m) in peso-denominated notes in the Mexican market. The development bank priced the three-year paper at 7bp below the TIIE interbank lending rate after demand reached MXN10bn, CABEI said in a press release. The buyers included commercial banks, investment funds, insurance companies and private banks. Moody's gave the notes a on the local scale, while S&P Global assigned them an mxAAA, CABEI added.

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