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Published on 11/19/2014 in the Prospect News Emerging Markets Daily.

New Issue: International Finance issues 5 billion colones of five-year bonds to yield 7.17%

By Susanna Moon

Chicago, Nov. 19 – International Finance Corp. said it issued 5 billion colones of five-year triple-A rated bonds in Costa Rica’s domestic markets to yield 7.17%.

The IFC Irazu bonds were sold to domestic pension funds for private sector investment in emerging markets, including in Costa Rica, according to a press release.

IFC, a World Bank member and lender to the private sector in developing countries, is based in Washington, D.C.

Issuer:International Finance Corp.
Issue:Bonds
Amount:5 billion colones
Maturity:Five years
Yield:7.17%

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