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CAF Eyes Bolivia Issue
CAF, the Andean multilateral is planning a trailblazing issue in Bolivianos, the first time in recent memory a bond deal has been done in that currency. CAF is working with the regulators in Bolivia and expects to issue there in 2008, Gabriel Felpeto, director of financial policies international issues at the bank tells LatinFinance. Meanwhile, CAF is planning more debt issuance after it approved earlier this week $1.3bn to fund various projects across Latin America. It tends to issue roughly 50% in dollars, 20% euros and the rest in local currencies, though Samurais are also an option.
