CABEI makes its Ninth Bond issue in Japan raising US$100 Million and US$1,135 Million in 2018 to finance development projects

Tegucigalpa, November 22, 2018 – The Central American Bank of economic Integration (CABEI), made a new bond issue in US dollars (US$), in the Japanese capital market. With this operation CABEI successfully completed its funding plan for 2018, raising an equivalent amount of US$1,135 Million, financing activities that support the social and economic development of its member countries

The bond was issued for an amount of US$100 million, with a semi-annual coupon of 3.842% and a five years term, this bond wasacquired by insurance industry investors in Japan. This is the third issue that CABEI makes in the Japanese Capital Market in 2018 and the ninth issue in Japan.

Executive President, Dr. Nick Rischbieth, pointed out that “The issuance and the outstanding performance of Bank in the international financial markets during 2018, is the direct result of extensive efforts made throughout many years of diversifying and expanding our investors base, including Japanese market, where CABEI has a broad and solid presence”.
Financing plan 2018

In 2018, CABEI raised an amount of US$1,135 in the capital markets of Switzerland, Japan, Taiwan, Mexico, Colombia and Costa Rica, in local and international currencies, including new structures used such as a Zero coupon bond in the Mexican market or the first issue of the bank in New Zealand Dollars (NZD).

The work carried out by CABEI in the capital markets, has been of great benefit to its member countries, not only in obtaining financial resources under increasingly favorable conditions, but also for its contributions to the development of financial markets of its member countries with the placement of debt instruments in local currencies or dollars which provide a high credit quality diversification alternative and favor the strengthening of these aforementioned markets.

2018 Bond Issues Summary