The Development Bank of Latin America and the Caribbean (CAF) issued bonds worth ₲ 125 billion (approximately US$ 15.6 million) in Paraguay’s capital market, with a historic 5-year term and a 6.65% annual coupon rate. This is the longest-term issuance by a multilateral institution in Paraguay’s history and CAF’s third bond issuance in guaraníes, following a prior issuance of ₲ 197.5 billion.
The Organization of American States (OAS) and the Development Bank of Latin America -formerly known as Corporación Andina de Fomento (CAF)- have signed a memorandum of understanding whereby both institutions pledged to tackle environmental and climate issues together, it was announced.
Latin America's Development Bank CAF and the World Bank’s Latin America and the Caribbean Region have pledged at COP-26 to join efforts to implement climate action strategies throughout, Latin America and Caribbean (LAC) countries, it was announced Friday.
Colombia on Thursday signed a Free Trade Agreement (FTA) with South Korea in Seoul. The FTA includes a wide range of elements to boost bilateral trade and investment, according to the trade ministry.