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Published on 5/25/2006 in the Prospect News Emerging Markets Daily.

New Issue: Venezuela's CAF sells S/. 248.4 million series I notes to yield 7.53125%

By Caroline Salls

Pittsburgh, May 25 - Corporacion Andina de Fomento made the first issue under its S/. 500 million first program of series I bonds, selling S/. 248.4 million of the bonds to yield 7.53125%, according to a company news release.

Corporacion Andina de Fomento, which has headquarters in Caracas, Venezuela, is a multilateral regional bank for Andean development and integration.

Issuer:Corporacion Andina de Fomento
Issue:Series I bonds
Amount:S/. 248.4 million
Maturity:Aug. 15, 2018
Yield:7.53125%
Pricing date:May 25
Settlement date:May 26

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