IDB to back more Caribbean bonds

IDB to back more Caribbean bonds

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The Inter-American Development Bank (IDB) expects to put up a guarantee for a bond sale by a sovereign issuer in the Caribbean by the end of this year or early next year, just as it did last month with the Bahamas, IDB President Mauricio Claver-Carone told LatinFinance. "We are already talking with other institutional investors about other bonds," he said in an interview on Thursday without naming the country. The Bahamas used $200 million in guarantees from the IDB to support the sale of $385 m

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