News
08 December 2020
CABEI issues second COVID-19 vaccine bond
In:
Social infrastructure
Region:
Americas
The Central American Bank for Economic Integration (CABEI) has issued a second COVID-19 vaccine bond, this time with the participation of Japanese regional investors.
The note was issued in New Zealand Dollars for a total amount of NZD72 million ($50.1 million equivalent) with a five-year tenor.
Proceeds will support the efforts of the Central American countries for the acquisitions of a COVID-19 vaccine once available in the market.
CABEI became the first multilateral development bank to issue a COVID-19 Vaccine Bond, with a $50 million, five-year tenor private placement in November.
