June 5, 2019 |
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 Aaa.mx on the local scale, while S&P Global assigned them an mxAAA, CABEI added.
Central American development bank prices $255m in three-year notes below the benchmark rate