The Central American Bank for Economic Integration (CABEI) has completed the issuance of its first blue bond, just one week after publishing its new Blue Bond Taxonomy, which was incorporated into its Blue and Green Bond Framework.

The issuance totalizes an amount equivalent to 93 million dollars in two tranches denominated in Australian dollars and Japanese yen. The first tranche for an amount of 30 million Australian dollars for a five-year term and a fixed annual rate of 4.40%, and a second tranche for an amount of 10,000 million yen for a five-year term and a fixed rate annual rate of 0.56%.

CABEI’s Green and Blue Bond Framework was granted with a second favorable opinion from Sustainalytics, which considers that the funds to be raised will contribute to the achievement of the UN Sustainable Development Goals (SDGs) No. 6, 7, 11, 12, 13, 14 and 15.