Chile completes ESG set with sustainable Formosa bond

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Chile completes ESG set with sustainable Formosa bond

31 March 2021 Emerging markets 0
Chile’s head of international finance said that the sovereign’s debut in the Formosa bond market this week was a natural continuation of the diversification of its funding sources, as Asian investors bought more than half of the government’s $1.5bn 32-year sustainable bond. The government has now issued green, social and sustainable notes in international markets.