CAF maps out bond plans, eyes more SOFR deals

CAF maps out bond plans, eyes more SOFR deals

Corporate & Sovereign Strategy CAF Economy & Policy Bonds Debt Fixed Income Latin America International Financial Institutions

Latin American development bank CAF plans to raise another $2 billion in debt before the end of the year as it looks to become a more regular issuer of SOFR-based bonds in 2022, Manuel Valdez, head of debt capital markets funding and derivatives at CAF, told LatinFinance on Wednesday. CAF has carried out more than 20 bond deals this year for a total of $3 billion, raising debt in Mexican pesos, Brazilian reais, Uruguayan inflation-indexed units, Norwegian kroner and Japanese yen alongside euros,

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