No menu items!

Uruguay announces its first climate bond

On Thursday, October 20, the Uruguayan government announced the issuance of a global dollar bond indexed to compliance with climate change targets, the first of its kind in Uruguay.

Based on information from Bloomberg News, the bond with final maturity in 2034 will have a 15 percentage point increase or decrease in the coupon starting October 28, 2027, if the country meets or exceeds the two environmental targets.

The market's expected size for the sustainability-linked . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content