Tegucigalpa, November 17^th, 2022: The Central American Bank for Economic Integration (CABEI) has issued a 10-year bond in the Formosa market for an amount of US$250 million at a fixed rate of 5.229%. This bond placement is an indication of the Bank’s growing franchise value and ample market access amidst global stress and volatility.

Back in August of this year, CABEI’s delegation headed by President Mossi visited Republic of China (Taiwan) to commemorate this country’s 30 year membership as a non-regional member of the bank. During such visit, Dr. Mossi emphasized the importance of Taiwan to the economic development of Central America, and highlighted the support provided by its capital market.

Consequently, and in light of this new bond issuance Dr. Mossi stated “We appreciate the confidence vested on CABEI by Taiwanese investors that have historically purchased bonds for more than US$3 billion to support the bank’s mandate and efforts to consolidate its presence as a recurring issuer in Asia”.

CABEI has had uninterrupted access to the Taiwanese Market, even during times of financial turmoil, since its first ever bond issue back in 1997, with a total of 24 issuances that represent 20% of the bank’s historic bond placements. The proceeds from the Formosa Market bond issue were obtained at competitive levels allowing CABEI to continue financing strategic projects aimed at promoting sustainable growth and integration of the Central American region.