The official explained a few months ago that in a meeting with CABEI they reached an agreement to launch the first sovereign issue guaranteed in part by the multilateral bank, the issue will most likely be a bond between 3 to 5 years and between US$50 and US$75 million.

With this achievement they seek to turn the country into a financial services HUB, noting that "Wall Street started at some point as a small stock exchange as in London, and Central Americans should not deprive themselves of this opportunity".

Among the benefits of having this Regional Debt Market are the potential to attract and mobilize more capital to the region, the reduction of operating costs and the optimization of a transactional systems platform, including custody and settlement, as well as a better perception of the region's risk.

The Central American Bank for Economic Integration (CABEI), explained that this is a very important opportunity for the countries of the Central American region and added that they are taking the necessary steps to complete the analysis for the implementation of a Regional Debt Market that has a value of approximately US$120 billion with a great potential for expansion, including the participation of investors from outside the region.

This initiative is part of CABEI's Institutional Strategy 2020-2024, within the regional integration, financial soundness and competitiveness axis.

Translated by: A.M