NEWS
Chile places a new social bond
01/19/2024 Since 8 months
The Chilean Ministry of Finance has announced the issuance of a 5-year social bond in the international markets (New York law) for 1.7 billion dollars, with the aim of financing social programs, as established by its Sustainable Bond Framework.
The placement obtained an order book for nearly 11.1 billion dollars (7.5 times the amount offered), allowing the Government to achieve a very competitive issuance rate in dollars for the associated term (4.85% annual).
Chile stands out for its leadership in the regional thematic bond market, having issued more than 48 billion dollars since 2019, distributed among 47% social bonds, 24% sustainability-linked bonds (SLB), 16% green bonds, and the remaining 13% in sustainable bonds.
LATEST NEWS
Colombia seeks to finance access to renewable energy in low-income homes
With the aim of promoting sustainability and improving the quality of life, the Ministry of Mines and Energy, the Ministry of Housing, City and Territory and the National Savings Fund (FNA) signed a memorandum of unde...
Since 5 days
Read More
IDB Invest renews Argentina’s Sustainable Financing Protocol
Argentina's Sustainable Finance Protocol, originally launched in 2019, has announced its extension for another five years. The announcement was made at IDB and IDB Invest’s offices in Buenos Aires, in its role as stra...
Since 1 week
Read More