Uruguay designs climate bond

Uruguay designs climate bond

Corporate & Sovereign Strategy Bonds Debt Fixed Income ESG Green Bonds Sustainability Bonds Energy Electricity Wind Solar Capital Markets Latin America South America Uruguay

Uruguay is preparing to sell a climate bond as soon as the end of this year or in the first quarter of 2022, Herman Kamil, the country's head of sovereign debt management, told LatinFinance on Wednesday. "We are still in the design process and there are several months to go," he said. The amount of the deal will depend on market feedback, Kamil added. On Monday, Uruguayan Finance Minister Azucena Arbeleche announced plans for the climate bond at a virtual sustainable finance and investment confe

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