IDB Invest issues bonds in Paraguay through Sudameris

IDB Invest issues bonds in Paraguay through Sudameris

International Financial Institutions Bonds Debt Fixed Income Corporate & Sovereign Strategy Capital Markets Paraguay

IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), said Thursday that it issued PGY100 billion ($14.6 million) worth of bonds in Paraguay through local lender Sudameris Bank. The new notes carried a coupon of 7.9% and the proceeds will be used to fund loans to small and medium-sized enterprises (SMEs), IDB Invest said in a press release. "This issuance confirms the ongoing demand of local investors for high quality issuances, especially in times of challenging

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