FMO prints Haitian gourde-linked debut

By Frank Jackman
30 Apr 2019

The Netherlands Development Finance Co (FMO) has printed its debut note linked to the Haitian gourde. FMO is looking at investing further in the Haitian market, said a treasury officer.

FMO placed a $5m 11.5% April 2022 Haitian gourde-linked note on April 24 from its MTN programme. Bank of Americapriced the note at par in dollars. The yield of the bond is dependent on the performance of the Haitian gourde against the dollar.

“This note is not directly ...

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