November 13, 2020
The Central American Bank for Economic Integration (CABEI) said it sold $50 million worth of bonds to fund part of a $400 million credit program to buy the COVID-19 vaccine in member nations.
The Tegucigalpa-based development bank issued the five-year notes in a private placement and became the first multilateral lender to place a "vaccine bond" in Asia, it said in a press release on Wednesday.
CABEI did not provide pricing information on the deal, but it added that it has high-grade ratings wit
Central American development bank raises $50 mln for a $400 mln program