CAF notches Covid funding, monitors euros

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CAF notches Covid funding, monitors euros

Bogota, Colombia, coronavirus, Covid-19, LAtAm, CAF, 575, soldier
(200417) -- BOGOTA, April 17, 2020 (Xinhua) -- A military man conducts disinfection amid COVID-19 pandemic in Bogota, Colombia, April 16, 2020. (Photo by Jhon Paz/Xinhua) | unreguser/Xinhua News Agency/PA Images

Latin American development bank Corporación Andina de Fomento (CAF) tapped US dollar markets for the first time this year on Thursday, raising $800m of three year money that it will use to partially fund a $2.5bn emergency credit line designed to support shareholder countries in dealing with the effects of the coronavirus pandemic.

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