CAF tightens euro five-year after accelerating social bond framework

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CAF tightens euro five-year after accelerating social bond framework

Peru, Lima, facemask, CAF, 575, Latin America, LatAm, covid-19, coronavirus
dpatop - 18 May 2020, Peru, Lima: Children wearing sunglasses, rubber gloves and face masks run in a park on the first day, when the exit restrictions for children against the spread of the coronavirus were relaxed. The country has confirmed 94,933 Covid-19 infected. At least 2,789 are reported to have died from the coronavirus. Photo: Alex Rosemberg/dpa | Alex Rosemberg/Alex Rosemberg/dpa

A strong bid from ESG investors helped Latin American development bank Corporación Andina de Fomento (CAF) to €700m of social bond issuance on Wednesday as the multilateral looks to fund its efforts to support the region through the Covid-19 crisis.

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