Banco Centroamericano de Integración Económica, or CABEI, said Feb. 5 that it has offered a five-year bond with a coupon rate of 0.426% in the Japanese market, worth ¥5.60 billion or about $51.2 million.
The note, sold to banks and insurance firms, has the tightest coupon ever in the Japanese market.
This latest placement brings the total debt issued in the Japanese market to $520.6 million through seven bond placements since 2006.
As of Feb. 5, US$1 was equivalent to 110.10 Japanese yen.
