CABEI issues its second blue bond less than a month after publishing its Blue Taxonomy

Tegucigalpa 13 January, 2023. The Central American Bank for Economic Integration (CABEI) has issued its 14^th bond in the Japanese capital market for JPY7,000.0 million and a 10 year tenor; its second historical blue bond less than a month after publishing its Blue Taxonomy under the Bank’s Green and Blue Bond Framework. Through this issuance CABEI consolidates its renewed approach and reconnection with Japanese investors.  

CABEI’s Executive President, Dr. Dante Mossi stated that: “This new blue bond issuance follows CABEI’s commitment on developing a more sustainable and resilient Central American region by funding projects that contribute to the UN’s Sustainable Development Goals through our Green and Blue Bond Framework”.

“I am thrilled to see the overwhelming market demand for CABEI’s blue bonds less than a month after publishing our Blue Taxonomy. It is evident that such instruments are emerging as a ground-breaking solution to mobilize capital and create sustainable business opportunities in ocean and freshwater conservancy. Such high demand also comes to showcase the robustness and impact of our ESG proyects that yield tangible benefits for both our borrowing member countries and our diversified investor base.”

Considering this new blue bond placement, CABEI has executed a total of three (3) ESG transactions during the first two weeks of 2023 for an equivalent of US$233 million; with US$103 million coming from Japan. Such country represents 6% of CABEI’s bond issuances, with an aggregated amount of US$868 million through a total of 14 bond placements since 2006.