1 Billion Euro to USD: CAF’s Record-Breaking Bond Issue
CAF (Development Bank of Latin America) recently issued a 5-year euro-denominated bond for a total of 1 billion euros, carrying a 4.50% coupon. This translates to approximately 1.09 billion USD based on current exchange rates. The demand for this bond was unprecedented, exceeding 2.3 billion euros, demonstrating significant investor confidence…