CABEI is recognized as an International Public Body by the Luxembourg Stock Exchange

07/03/2023

The organization led by Dr. Dante Mossi, further consolidates its track record as an issuer and becomes part of a select group of multilateral organizations on the Luxembourg Stock Exchange.

Tegucigalpa, March 7th, 2023. The Central American Bank for Economic Integration (CABEI), as a result of its distinguished track record as a recurring issuer in the international capital markets, is pleased to announce that the Luxembourg Stock Exchange (LuxSE) has recognized it as a Public International Body (PIB).

Through this recognition, CABEI joins a select group of highly rated multilateral organizations, such as the World Bank, the African Development Bank, the Asian Development Bank and the Inter-American Development Bank, among others. In this regard, it is important to note that just a few weeks ago the London Stock Exchange (LSE) also granted CABEI this recognition, reflecting its growing franchise value and its status as a global issuer with more than 160 bond placements since 1997.

CABEI's Executive President, Dr. Dante Mossi, said: "This recognition confirms the Bank's status as a globally recognized issuer with a consolidated presence in the most relevant capital markets, which is driven by the strong support of our member countries and the backing of investors committed to the sustainable development of the Central American region."

The multilateral development bank is a consolidated instrument for regional countries to access financial markets under enhanced conditions; as such, CABEI’s financial strength allows for the continuous expansion of its funding sources allowing it to efficiently respond to the objectives of regional members by seizing market opportunities. The latter, to optimize its cost of funds and transfer such savings to its borrowing member countries.

Back