IDB Invest Issues First Swiss Franc Bond for Sustainable Water Projects
IDB Invest has issued its first Swiss franc-denominated Blue Bond worth CHF 100 million ($127 million) to fund sustainable water and marine conservation projects in Latin America and the Caribbean. The bond, priced at a coupon of 1.0575%, reflects strong investor confidence and expands IDB's access to international capital markets.
Topics: blue bonds international capital market sustainable finance