IDB Invest issues sustainable bonds to fund infrastructure and projects in Latin America

IDB Invest recently issued two sustainable bonds in local currency. One was valued at 2.5 billion Mexican pesos (about US$150 million) while the other was valued at 40 billion Colombian pesos (around US$10 million). The funds will be directed towards promoting inclusive financing and providing support for essential infrastructure projects in transportation, renewable energy, telecommunications, as well as environmentally sustainable corporate ventures.

Source: IDB Invest