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CABEI issues 2.1B Mexican peso bond

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CABEI issues 2.1B Mexican peso bond

, or CABEI, on July 21 placed a 2.1 billion Mexican pesobond in the Mexican capital markets under its medium-term note program.

Thetransaction was made through the issuance of 3.5 year bonds with a floatingrate of 8 basis points above the TIIE-28 benchmark, according to a statement.Moody's and Standard & Poor's rated the bond Aaa.mx and mxAAA,respectively.

Theissuance is the Central American bank's sixteenth foray in the Mexican market,the first being in 2007.

As of July 22, US$1 was equivalent to 18.59Mexican pesos.