May 13, 2021 |
Latin American development bank CAF issued MXN1.44 billion ($71.3 million) in inflation-linked bonds in the Mexican market on Wednesday, raising money to help finance an economic recovery across the region, Manuel Valdez, the head of international capital markets at the bank, told LatinFinance.
CAF issued the new 10-year bonds in UDIs, a unit of account tied to inflation, and with a coupon of 3.54%, Valdez said.
"This transaction is very important for two reasons. It represents the return of CAF
Latin American development prints $71 mln in UDI-denominated notes to help finance recovery efforts in the region