Commitment to the well-being of the region.
The Republic of China (Taiwan) joined CABEI in 1992 and is one of the Bank's first non-regional members; its incorporation enabled the Bank to issue and place its first bonds on the international market. At the close of 2021, it is the non-regional member with the highest shareholding (11.4%) with a subscribed capital of USD776.3 million and contributions amounting to USD133.6 million.
In the coordination of development projects, the Republic of China (Taiwan) cooperation for the region focuses on key areas for poverty reduction, such as food security, education, agriculture, Micro, small and medium-sized enterprises, agribusiness, coffee producing sector affected by rust, export promotion and forestry and industrial development.
As a relevant fact, in 2020, thanks to the alliance with its non-regional partner country, CABEI made it's 19th issue in the Taiwan capital market, historically totaling US$ 2.3 billion.
In 2021, CABEI opened its representative office in the Republic of China (Taiwan) located at the Taipei 101 building.
Only a week after releasing its Green and Blue Bond Framework CABEI issues its first ever Blue Bond
![[Translate to English:]](/fileadmin/_processed_/5/b/csm_shutterstock_1779102026_6402e82517.jpg "[Translate to English:]")
Tegucigalpa, December 19, 2022. - The Central American Bank for Economic Integration (CABEI) has successfully launched its inaugural dual-tranche blue bond denominated in Australian dollars and Japanese yen to finance eligible projects under its recently released Green and Blue Bond Framework.
CABEI’s Executive President, Dr. Dante Mossi stated that “It’s very encouraging that only a week after announcing the release of our Green and Blue Bond Framework we were able to execute our first transaction of many more to come given the considerably high demand we have generated for this type of instrument. As such, I am confident that CABEI’s position as the main provider of climate solutions for the Central American region will continue to evolve as new instruments become available.
Our institution has historically issued more than US$2 billion in ESG bonds, which represent about 32% of our total outstanding issuances; and with our new Blue Taxonomy, we will be able to channel additional resources to finance eligible projects under categories such as: Water Resource Protection, Sustainable Water Management, Renewable Energy, Blue Economy and Nature Protection.”
The blue bond raised the equivalent of approximately US$93 million from international investors under a dual-tranche structure, arranged by Daiwa Capital Markets America, consisting of a AUD30 million five-year 4.40% Fixed Rate Note and a JPY10 billion five-year 0.562% Fixed Rate Note.
CABEI’s Green and Blue Bond Framework has a favorable second party opinion (SPO) from Sustainalytics who believes that: “the Framework is aligned with the overall sustainability strategy of the Bank and that the green and blue use of proceeds categories will contribute to the advancement of the UN Sustainable Development Goals 6, 7, 11, 12, 13, 14 and 15.”
Finally, President Mossi emphasized the importance and resilience of CABEI’s "AA" ratings, which allows for a highly diversified funding base and an uninterrupted access to the international capital markets, even in times of global financial turmoil.
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