CAF notches euros amid basis swap benefit

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CAF notches euros amid basis swap benefit

Venezuela, euros, Europe, CAF, LatAm, SSAs
euro coin with national flag of venezuela on the euro money banknotes background. finance concept | luzitanija - stock.adobe.com

South American development bank Corporación Andina de Fomento (CAF) had its first outing in bond markets on Wednesday with a new euro benchmark as it took advantage of a favourable euro/dollars basis swap.

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