Cabei notches $50m via “vaccine bond”

Mexico, camp, Matamoros, Covid-19, coronavirus, LatAm, 575
By Oliver West
12 Nov 2020

The Central American Bank for Economic Integration (Cabei) said it became the first multilateral lender to sell a Covid-19 “vaccine bond” after raising $50m of five-year money to support immunisation initiatives when Covid-19 vaccine becomes available.

As part of its Covid-19 emergency programme, Honduras-headquartered Cabei on August 31 announced a $400m initiative to support its member countries in their efforts to access and purchases vaccines against the virus. This comprises a $50m credit facility for each Central American country to provide loans to ...

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