CAF prefunds with five year flat to curve
![CAF, Caracas](https://assets.euromoneydigital.com/dims4/default/5901fe0/2147483647/strip/true/crop/230x153+0+0/resize/840x559!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F5e%2F73%2F030095be727c3d9adb9157c46645%2Ffotolia-67634671-subscription-xxl.jpg)
Latin American development bank Corporación Andina de Fomento issued its longest dollar benchmark bond since 2012 on Tuesday, sneaking in before a Federal Reserve meeting and press conference to raise $1bn of five year bonds.
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