CABEI issues its fifth blue bond to finance the sustainable recovery of Lake Yojoa in Honduras
Tegucigalpa, May 19, 2025.- The Central American Bank for Economic Integration (CABEI), rated AA/Aa3 by S&P and Moody’s, has priced a new blue bond for EUR30 million to finance the sustainable recovery of Lake Yojoa in Honduras.
The issuance, targeted at a Spanish investor, was structured with an initial tenor of 30 years under a flexible structure adapted to current market conditions. This placement was carried out under CABEI’s Sustainable Bond Framework, marking the Bank’s fifth blue bond and thirty-first sustainable bond issuance, bringing the total amount of environmental, social, and governance (ESG) bond issuances to US$7,889 million.
CABEI’s Executive President, Gisela Sánchez, stated: “This blue bond represents a milestone for CABEI not only due to its focus on the protection of water ecosystems but also because of the support received from our strategic partners in Europe—in this case, a member country such as Spain. We are proud to lead initiatives like this that combine financial innovation with high environmental and social impact in our region.”
The Sustainable Recovery Program for Lake Yojoa in Honduras is a flagship project for CABEI that aims to promote the comprehensive and sustainable restoration of the lake’s ecosystem and watershed. The program includes significant investments in environmental conservation, water management, waste handling, community development, and sustainable tourism, with the objective of preserving one of the country’s most important bodies of water. Notably, this is the first project in Latin America to receive technical cooperation under the European Union’s Global Gateway initiative, highlighting its innovative nature and alignment with the highest international standards of sustainability and positive environmental impact.
This new blue bond issuance aligns with CABEI’s renewed Financial Strategy, which prioritizes the mobilization of long-term ESG resources under efficient and stable conditions for its member countries. In this regard, the transaction further strengthens the Bank’s position as a committed issuer of climate financing and water resource protection, both of which are fundamental pillars for sustainable development in the region.
With this issuance, CABEI reaffirms its commitment to channeling resources toward projects that contribute to climate action, environmental resilience, and community well-being, strengthening its role as the region’s key financial partner for sustainability.
