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CAF doubles debt issuance in 2010, total received reaches US$12.5bn (Regional)
2010-12-16
Regional development bank CAF doubled its debt issuance in international markets this year, reaching US$2bn, which when added to the US$10.5bn in deposits makes for a total of US$12.5bn that CAF received from international investors across the globe, a press release reads.

 

The multilateral issued debt in the European, Swiss, Uruguayan and US markets, as well as in the exclusive retail Japanese market known as Uridashi, CAF said.

 

CAF also said that in 2010, it approved US$10.5bn in disbursements, a 13% increase from 2009 and double the amount from five years ago.

 

Of the total, 41% of all disbursements were destined for infrastructure projects, while 19% were for social and environmental development projects, and 39% were destined for the region's productive sector, through direct loans or as a financial intermediary, CAF said.

 

Caracas-based CAF is composed of 16 shareholder countries from Latin America and the Caribbean, plus Spain and Portugal.


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